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Industry & Business 20th Century

David Colbert

http://www.justinbuzzard.net/wp-content/uploads/2010/11/salt-factory.jpg

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Industry Early 1900’s

  • Most efficient agricultural producer in Europe

  • Leader in European steel
    • American & Germany dominated world market

  • Great Depression

1929 led to

Industrial

crash

http://www.edinphoto.org.uk/0_edin_t/0_edinburgh_transport_railways_industry_back_of_shrubhill.jpg

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Pre-WWII

  • Nazi Rise
    • “World history teaches us that no people has become great through its economy but that a people can very well perish thereby”
        • Adolf Hitler

  • "Reinhardt Program"
    • ‘Great Expansion’ of German construction industry

  • 1930s automotive industry boom

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WWII

  • 1936 Military spending increased “First Army”
    • Luftwaffe

  • Germany preparation for war

  • 1943 full-war economy

http://www.feldgrau.com/pk-64347.jpg

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Post WWII

  • Struggle

  • Ludwig Erhard

  • Rise in Productivity
    • Marshall Plan

http://www.flickr.com/photos/osucommons/5139906857/

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Post War Boom

  • 1950 Growth Rate growth rate of industrial production was 25.0

  • By 1960 industrial production had risen 2.5 times the level of 1950

  • Unemployment fell from 10.3% in 1950 to 1.2% in 1960

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Latter 20th Century

  • Saw fluctuations in German economies and industry, strayed in a positive direction

  • Reunification in 1990

http://dsmilwaukee.webs.com/reunification-is-part-of-german-history1011443,property=poster.jpg

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Modern Major Industries

  • Sustainable industry Revolution

  • Automotive
    • 4th largest world producer

  • Chemicals and Plastics
    • European Leader

http://www.dw.de/image/0,,1400796_4,00.jpg

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Sources