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Words: | Submitted: Mon Jun 19 2006
... USA, Great Britain, Soviet Union and France, this aimed at incorporating Germany into the western democratic world. This type of integration was inline with the United States Marshall Plan set up by George C. Marshall. The first few years after the war was an extremely difficult period for all European economies, especially those involved directly with the war. The American economy was fortunate not to be reliant upon Europe and therefore their economy emerged much stronger and they helped to invest and reconstruct Europe and especially Germany. The German economy was in a particularly woeful state, as it had suffered extreme losses in life, capital, land and stock. The repercussions of the war meant that Germany's national debt was huge and unemployment was soaring. Unemployment directly after the war rose to around 6 million, about 12% of the country were currently out of work. Coinciding with the rise in unemployment was ...
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