Wirtschaftswunder

Wirtschaftswunder, meaning "economic miracle" in German, refers to Germany's rapid economic recovery and growth after World War II, particularly in the 1950s. The country shifted from wartime destruction to a booming industrial economy, driven by factors like currency reform, investment in infrastructure, technological innovation, and favorable international trade. This period saw increased employment, rising living standards, and the rebuilding of manufacturing and export industries, transforming West Germany into one of the world's leading economic powers within a decade. The Wirtschaftswunder exemplifies effective economic policies and resilience in the face of post-war devastation.