Post-War Development of the German Economy Research Paper

Post-War Development of the German miserliness - Research Paper ExampleThere was a little hope of a revival because a considerably large percentage of the German nation of earning age was dead at the sack of the state of war and at that time Germany was looking at the outside world for all kinds of aids for the proceeds of its economy. There is no doubt about the concomitant that German economy was badly hit by the war, but the years of preparation similarly contributed to the devastated condition of the economy. Adolf Hitler imposed price controls on German population in 1936 in order to start his preparations for the war and acquire commodities and war materials for the army at the cheapest prices 3 years later, rationings were also imposed on the German population. Conscription was also imposed on the German population in order to gather up a large military which drastically impact the labor sector and the non-military industries could not find labor to keep their plants go acrossning. After Nazis defeat and Hitlers death, the consort Control Authority which was formed by the succeeding allied forces under the governments of the united States, Britain, France and the Soviet Union, to run the affairs of government in Germany. The Allied Control Authority retained some of the policies of the Nazi Germany for the rejoinder of the economy these policies included rationing, price controls and conscription of all types of resources for ensuring rapid economic recovery (Bidwell). An astonishing fact was the low rise in the cost-of-living index, which was only 31 percent high as compared to the values in 1938. The reason behind this was the fact that price controls had been imposed in Germany for the last 12 years by then. Another important observation in this regard was the fact that the amount of wealth in the German economy was also five to six times higher than the amount in the years onward the war. So the main concern about the economy was produc tion levels which had fallen to drastically low values. A wealthy economy in terms of m iodiny, price controls intact and low production levels all these factors pointed towards one major problem _ shortages (Smith). During the war and post war years the Germans were only producing weapons, equipments and materials required for the war the industrial and agricultural production was very low. During the war years, the main source of food for the Germans was the supplies seized from the occupied countries. Moreover the foreigners were also brought to German lands for farming purposes. This dodging of food production served the German population and the military well during the war years but as soon as the war ended the German rationing system was left with very low supplies of food incredibly insufficient to fulfill the needs of the German population. The United States Army contributed by dispatching large shipments of food to feed the prisoners of war and the German population, howe ver this was not bountiful and more aid in terms of food was required for meeting the food demands but the multinational community was not willing to provide aid to Germany at the time when there were more deserving and innocent people in the world who were also affected drastically by the war. The other factors which contributed were the breakup of the German Red Cross, whereas the International Red Cross and other international aid agencies were not allowed to work independently