Wirtschaftswunder (West Germany)

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf economic crisis
gptkbp:alsoKnownAs gptkb:German_economic_miracle
gptkbp:characterizedBy economic growth
low unemployment
industrial expansion
rising living standards
rapid reconstruction
gptkbp:contrastsWith East German economy
gptkbp:country gptkb:West_Germany
gptkbp:endDate 1966–1967 recession
https://www.w3.org/2000/01/rdf-schema#label Wirtschaftswunder (West Germany)
gptkbp:influencedBy foreign investment
social market economy
labor force from East Germany
guest workers (Gastarbeiter)
gptkbp:keyFigure gptkb:Ludwig_Erhard
gptkbp:notableFor export-led growth
housing construction
automobile industry growth
consumer goods boom
gptkbp:period 1950s
post-World War II
late 1940s
early 1960s
gptkbp:relatedEvent gptkb:Marshall_Plan
currency reform of 1948
gptkbp:resultedIn West Germany becoming major economic power
gptkbp:bfsParent gptkb:Germany_(after_WWII)
gptkbp:bfsLayer 7