The path to prosperity - valued the German economic miracle
The concept of the" German economic miracle "was first used by the foreign press and discussed the mid-1950s in Germany. He describes the rapid recovery the German economy in the early fifties. By a miracle is spoken, as to imagine after the Second World War no one could see that the destroyed and recorded into four occupation zones, divided Germany such a huge growth in so short a time to come. Therefore, in the technical literature by a "rise out of nothing" (Kurt Zentner) of the question.
The causes for this rapid economic rise discusses different factors. Besides the introduction of the social market economy by Ludwig Erhard, the links to the West and the related support services such as the Marshall Plan is headed. A basic premise was the re-development of damaged production facilities, which were replaced by new ones. Moreover, from a Western European recovery to be expected: Even countries such as Italy, Austria and France have enjoyed high growth rates.
More information can be found on the historic site of Aventius .
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