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The economic history of World War I covers the methods used by the First World War (1914–1918), as well as related postwar issues such as war debts and reparations. It also covers the economic mobilization of labour, industry, and agriculture leading to economic failure.
This article examines the transformation from a peace- to wartime economy in the German Empire. It also discusses the core problems connected with a war economy, and analyses the reversion to a peacetime economy after the end of the war.
3 dni temu · Although German employers were extremely authoritarian and hostile to collective bargaining, the labor force did make significant economic gains. Between 1867 and 1913 the average number of hours worked per year declined by 14 percent.
Post-war Economies (Germany) By Marcel Boldorf. Beginning with a discussion of whether the war led to a structural break, this article describes the manifold economic consequences of World War I in Germany.
German finance policy during the First World War has been described as ineffective and responsible for the post-war hyperinflation. Yet in certain ways it was successful; the German public widely bought war loans through 1918. Like all belligerents, Germany relied more on debt and less on taxation to fund expenditures.
German aristocrats, landowners, bankers, and producers created what might be termed the first German economic miracle, the turn-of-the-century surge in German industry and commerce during which bankers, industrialists, mercantilists, the military, and the monarchy joined forces.
This paper will follow a German tradition to argue that herein lies the true significance of Germany’s war economy of World War I. Misapplied economic analysis combined with a surprising overestimation of economic warfare to generate a new 3 blend of German imperialism, which foreshadowed Germany’s second war from 1939 on.
