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Economy of Nazi Germany. Economy of Nazi Germany. Prisoner work force in the construction of the Valentin submarine pens for U-boats, in 1944. Location. The Third Reich and German-occupied Europe; forced labor predominantly from Nazi-occupied Poland and the Nazi-occupied Soviet Union. Period. Great Depression and World War II (1933–1945)
The result was that Germany found it increasingly difficult to maintain a balance of payments. A large trade deficit seemed almost inevitable, but Hitler found this prospect unacceptable. Thus Germany, following Italy's lead, began to move away from partially free trade in the direction of economic self-sufficiency. [131]
v. t. e. John Maynard Keynes, 1st Baron Keynes[ 3] CB, FBA ( / keɪnz / KAYNZ; 5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier ...
German–Soviet economic relations (1934–1941) After the Nazis rose to power in Germany in 1933, relations between Nazi Germany and the Soviet Union began to deteriorate rapidly. Trade between the two sides decreased. Following several years of high tension and rivalry, the two governments began to improve relations in 1939.
Stab-in-the-back myth. An illustration from a 1919 Austrian postcard showing a caricatured Jew stabbing a German Army soldier in the back with a dagger. The capitulation of the Central Powers was blamed on communists, Bolsheviks, and the Weimar Republic, but in particular on Jews. Hagen takes aim at Siegfried 's back with a spear in an 1847 ...
After World War II, many countries adopted policies of economic liberalization in order to stimulate their economies. The period directly after the war did not see many, the most notable exception being" West Germany 's reforms of 1948, which set the stage for the Wirtschaftswunder in the 1950s and helped inform many of the liberalisations that ...
The Rostovian take-off model (also called "Rostow's Stages of Growth") is one of the major historical models of economic growth. It was developed by W. W. Rostow. The model postulates that economic modernization occurs in five basic stages, of varying length. [1] Traditional society; Preconditions for take-off; Take-off; Drive to maturity
Strategic trade theory (sometimes appearing in literature as "strategic trade policy") describes the policy certain countries adopt in order to affect the outcome of strategic interactions between firms in an international oligopoly, an industry dominated by a small number of firms. [ 1] The term ‘strategic’ in this context refers to the ...