Economic Miracle (Wirtschaftswunder)

The Economic Miracle, or Wirtschaftswunder, refers to West Germany's rapid recovery and remarkable economic growth after World War II, primarily during the 1950s and early 1960s. Fueled by currency reform, financial stability, and investments in industry and infrastructure, the country shifted from wartime devastation to a thriving industrial economy. This period saw rising standards of living, low unemployment, and increased exports, making West Germany one of the world's leading economies. The Wirtschaftswunder is seen as a result of effective policies, hard work, and international aid that helped transform the nation into a prosperous and stable society.