Economy Of East Germany
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Economy Of East Germany
East Germany had a command economy, similar to the economic system in the Soviet Union and other Comecon member states — in contrast to the market economies or mixed economies or other capitalist states. The state established production targets, set prices, and also allocated resources, codifying these decisions in comprehensive plans. The means of production were almost entirely state-owned. East Germany had an above-average standard of living compared to other Eastern Bloc countries or the Soviet Union, and enjoyed favorable duty and tariff terms with the West German market; in 1989, it was estimated that 50 to 60% of its trade was with Western countries. However by the mid-1980s its economy had reached a state of stagnation. History Soviet occupation period Each occupation power assumed authority in their respective zones by June 1945. The Allied powers originally pursued a common German policy, focused on denazification and demilitarization in preparation for the restora ...
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Wartburg 311
The Wartburg 311 was a car produced by East German car manufacturer VEB Automobilwerk Eisenach from 1956 to 1965. The 311 model was manufactured in a number of variations, including pickup, sedan, limousine, coupé, and as a two-seat roadster. The two-stroke engine was enlarged to 992 cc in 1962. An interim model, called the Wartburg 312 and featuring the chassis developed for the succeeding 353, was built from 1965 until 1967. Background Production of the Wartburg 311 was already underway at Eisenach by the end of 1955. The car was a development of the existing EMW 309. This was the car previously identified as the IFA F9, which, in turn, had been based on the 1940 DKW F9 scheduled for launch in 1940 until the Second World War intervened. The car The basic architecture of the pre-war design, forcibly acquired from Zwickau-based Auto Union, was retained, albeit with the chassis lengthened by 10 cm, which combined with long overhangs to create a larger car with a relativ ...
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Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government ...
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Heavy Industry
Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes. Because of those factors, heavy industry involves higher capital intensity than light industry does, and it is also often more heavily cyclical in investment and employment. Though important to economic development and industrialization of economies, heavy industry can also have significant negative side effects: both local communities and workers frequently encounter health risks, heavy industries tend to produce byproducts that both pollute the air and water, and the industrial supply chain is often involved in other environmental justice issues from mining and transportation. Because of their intensity, heavy industries are also significant contributors to greenhouse gas emissions that cause climat ...
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Soviet Occupation Zone
The Soviet Occupation Zone ( or german: Ostzone, label=none, "East Zone"; , ''Sovetskaya okkupatsionnaya zona Germanii'', "Soviet Occupation Zone of Germany") was an area of Germany in Central Europe that was occupied by the Soviet Union as a communist area, established as a result of the Potsdam Agreement on 1 August 1945. On 7 October 1949 the German Democratic Republic (GDR), commonly referred to in English as East Germany, was established in the Soviet Occupation Zone. The SBZ was one of the four Allied occupation zones of Germany created at the end of World War II with the Allied victory. According to the Potsdam Agreement, the Soviet Military Administration in Germany (German initials: SMAD) was assigned responsibility for the middle portion of Germany. Eastern Germany beyond the Oder-Neisse line, equal in territory to the SBZ, was to be annexed by Poland and its population expelled, pending a final peace conference with Germany. By the time forces of the United St ...
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German War Crimes
The governments of the German Empire and Nazi Germany (under Adolf Hitler) ordered, organized and condoned a substantial number of war crimes, first in the Herero and Namaqua genocide and then in the First and Second World Wars. The most notable of these is the Holocaust in which millions of Jews and Romani were systematically murdered. Millions of civilians and prisoners of war also died as a result of German abuse, mistreatment, and deliberate starvation policies in those two conflicts. Much of the evidence was deliberately destroyed by the perpetrators, such as in Sonderaktion 1005, in an attempt to conceal the crimes. Pre-World War I Considered to have been the first genocide of the 20th century, the Herero and Namaqua Genocide was perpetrated by the German Empire between 1904 and 1907 in German South West Africa (modern-day Namibia), during the Scramble for Africa. On January 12, 1904, the Herero people, led by Samuel Maharero, rebelled against German colonialism. In August ...
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Nazi Party
The Nazi Party, officially the National Socialist German Workers' Party (german: Nationalsozialistische Deutsche Arbeiterpartei or NSDAP), was a far-right politics, far-right political party in Germany active between 1920 and 1945 that created and supported the ideology of Nazism. Its precursor, the German Workers' Party (; DAP), existed from 1919 to 1920. The Nazi Party emerged from the Extremism, extremist German nationalism, German nationalist, racism, racist and populism, populist paramilitary culture, which fought against the communism, communist uprisings in post–World War I Germany. The party was created to draw workers away from communism and into nationalism. Initially, Nazi political strategy focused on anti–big business, anti-bourgeoisie, bourgeois, and anti-capitalism, anti-capitalist rhetoric. This was later downplayed to gain the support of business leaders, and in the 1930s, the party's main focus shifted to Antisemitism, antisemitic and Criticism of ...
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Total Factor Productivity
In economics, total-factor productivity (TFP), also called multi-factor productivity, is usually measured as the ratio of aggregate output (e.g., GDP) to aggregate inputs. Under some simplifying assumptions about the production technology, growth in TFP becomes the portion of growth in output not explained by growth in traditionally measured inputs of labour and capital used in production. TFP is calculated by dividing output by the weighted geometric average of labour and capital input, with the standard weighting of 0.7 for labour and 0.3 for capital. Total factor productivity is a measure of productive efficiency in that it measures how much output can be produced from a certain amount of inputs. It accounts for part of the differences in cross-country per-capita income. For relatively small percentage changes, the rate of ''TFP'' growth can be estimated by subtracting growth rates of labor and capital inputs from the growth rate of output. Background Technology growth and e ...
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Denazification
Denazification (german: link=yes, Entnazifizierung) was an Allied initiative to rid German and Austrian society, culture, press, economy, judiciary, and politics of the Nazi ideology following the Second World War. It was carried out by removing those who had been Nazi Party or SS members from positions of power and influence, by disbanding or rendering impotent the organizations associated with Nazism, and by trying prominent Nazis for war crimes in the Nuremberg trials of 1946. The program of denazification was launched after the end of the war and was solidified by the Potsdam Agreement in August 1945. The term ''denazification'' was first coined as a legal term in 1943 by the U.S. Pentagon, intended to be applied in a narrow sense with reference to the post-war German legal system. However, it later took on a broader meaning. In late 1945 and early 1946, the emergence of the Cold War and the economic importance of Germany caused the United States in particular to lose ...
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Eastern Bloc
The Eastern Bloc, also known as the Communist Bloc and the Soviet Bloc, was the group of socialist states of Central and Eastern Europe, East Asia, Southeast Asia, Africa, and Latin America under the influence of the Soviet Union that existed during the Cold War (1947–1991). These states followed the ideology of Marxism–Leninism, in opposition to the Capitalism, capitalist Western Bloc. The Eastern Bloc was often called the Second World, whereas the term "First World" referred to the Western Bloc and "Third World" referred to the Non-Aligned Movement, non-aligned countries that were mainly in Africa, Asia, and Latin America but notably also included former Tito–Stalin split, pre-1948 Soviet ally SFR Yugoslavia, which was located in Europe. In Western Europe, the term Eastern Bloc generally referred to the USSR and Central and Eastern European countries in the Comecon (East Germany, Polish People's Republic, Poland, Czechoslovak Socialist Republic, Czechoslovakia, Hungarian ...
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Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ...
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Means Of Production
The means of production is a term which describes land, labor and capital that can be used to produce products (such as goods or services); however, the term can also refer to anything that is used to produce products. It can also be used as an abbreviation of the "means of production and distribution" which additionally includes the logistical distribution and delivery of products, generally through distributors, or as an abbreviation of the "means of production, distribution, and exchange" which further includes the exchange of distributed products, generally to consumers. This concept is used throughout fields of study including politics, economics, and sociology to discuss, broadly, the relationship between anything that can have productive use, its ownership, and the constituent social parts needed to produce it. Industrial production From the perspective of a firm, a firm uses its capital goods, which are also known as tangible assets as they are physical in nature. Unf ...
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Central Planning
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning. The level of centralization or decentralization in decision-making and participation depends on the specific type of planning mechanism employed. Socialist states based on the Soviet model have used central planning, although a minority such as the former Socialist Federal Republic of Yugoslavia have adopted some degree of market socialism. Market abolitionist socialism replaces factor markets with direct calculation as the means to coordinate the activities of the various socially-owned economic enterprises that make up the economy. More recent approaches to socialist planning and allocation have come from some economists and computer scientists proposing planning mechanisms based ...
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