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Germany's remarkable economic rebound in the 1950s is known as the "Wirtschaftswunder," which translates to "economic miracle." This period saw rapid industrial growth and a significant increase in living standards, largely due to the implementation of the Marshall Plan, currency reform, and the establishment of a social market economy. The Wirtschaftswunder transformed West Germany into one of the world's leading economies within a short span of time.

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What was Germany's term for its amazing economic rebound in 1950's?

Germany's remarkable economic rebound in the 1950s is referred to as the "Wirtschaftswunder," which translates to "economic miracle." This period was characterized by rapid industrial growth, low unemployment, and significant increases in living standards, largely fueled by the Marshall Plan, currency reform, and the hard work of the German workforce. The Wirtschaftswunder transformed West Germany into one of the world's leading economies.


What played a part in the US's economic growth in the 1950s?

U.S. factory production catalyzed by WWII played a part in US economic growth in the 1950s.


What helped the US economic growth in the 1950s?

Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.


What helped lead to US's economic growth in the 1950s?

Industries doing very well and growth of domestic consumerism led to U.S. economic growth in the 1950s.


The economic boom of the 1950s raised the?

Standard of Living


What played a part in US economic growth in the 1950s?

U.S. factory production catalyzed by WWII played a part in US economic growth in the 1950s.


What did not contribute to the economic growth in the 1950s?

In the 1950s, manufacturers of baby products reaped huge profits due to the massive military budgets further contributed to American economic growth.


What lead to U.S. economic growth in the 1950s?

U.S. industries doing very well


The 1950s in America were characterized by?

a new affluence and economic good times


What aided economic growth in the US in the the 1950s?

Domestic Buying Increased -APEX


During the 1950s America experienced an economic boom with the average income?

tripling


What aided economic growth in the us in 1950s?

Domestic Buying Increased -APEX