Wirtschaftswunder | German history | Britannica (original) (raw)

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economy of post-war Germany

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  In Germany
  …recovery in the 1950s (Wirtschaftswunder, or “economic miracle”) brought it into a leading position among the world’s economic powers, a position that it has maintained.
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  In Germany: The West German system
  … rebounded with a so-called “economic miracle” that began in 1948. The subsequent combination of growth and stability made West Germany’s economic system one of the most respected in the world, though it began to suffer strains beginning in the 1990s, exacerbated by the costs of unification. Germany’s remarkable economic…
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  In Germany: Political consolidation and economic growth, 1949–69
  …Germany became renowned for its Wirtschaftswunder, or “economic miracle.”
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