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The German Economy Michael Steiner
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Topics Post World War II Economics German Economy vs. American Economy Solidarity Eurozone Economics
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Post World War II Economics World War II destroyed 20% of housing Scorched earth policy Food production per capita in 1947 was 51% of its level in 1938 Food rations set by occupying powers varied …
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Post World War II Economics How would West Germany recover? Elimination of price controls Price controls are an attempt to regulate inflation Reduction of marginal tax rates The amount of tax paid …
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Post World War II Economics What about the Marshall Plan? Aid programs only totaled billion through 1954 When aid was at its peak in 1948 and 1949, aid was less than 5% of German national income …
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German Economy vs. American Economy
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Solidarity in Oberhausen
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Summary Post World War II Economics Price controls eliminated, marginal tax reduced German Economy vs. American Economy Solidarity Domestic economic policy of using money from the west to “prop up” …
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Works Cited Central Intelligence Agency. The World Factbook. /library/publications/the-world-factbook (15 November 2012) David R. Henderson, "German Economic Miracle. " The Concise …
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