Social market economyThe social market economy (SOME; soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state. It is sometimes classified as a regulated market economy.
StuttgartStuttgart (ˈʃtʊtɡaʁt; Swabian: Schduagert ˈʒ̊d̥ua̯ɡ̊ɛʕd̥; ) is the capital and largest city of the German state of Baden-Württemberg. It is located on the Neckar river in a fertile valley known as the Stuttgarter Kessel (Stuttgart Cauldron) and lies an hour from the Swabian Jura and the Black Forest. Stuttgart has a population of 635,911, making it the sixth largest city in Germany, while over 2.8 million people live in the city's administrative region and nearly 5.
RuhrThe Ruhr ('rʊər ; Ruhrgebiet ˈʁuːɐ̯ɡəˌbiːt, also Ruhrpott ˈʁuːɐ̯pɔt), also referred to as the Ruhr area, sometimes Ruhr district, Ruhr region, or Ruhr valley, is a polycentric urban area in North Rhine-Westphalia, Germany. With a population density of 2,800/km2 and a population of over 5 million (2017), it is the largest urban area in Germany. It consists of several large cities bordered by the rivers Ruhr to the south, Rhine to the west, and Lippe to the north. In the southwest it borders the Bergisches Land.
Berlin WallThe Berlin Wall (Berliner Mauer, bɛʁˌliːnɐ ˈmaʊ̯ɐ) was a guarded concrete barrier that encircled West Berlin of the Federal Republic of Germany (FRG) from 1961 to 1989, separating it from East Berlin and the German Democratic Republic (GDR). Construction of the Berlin Wall was commenced by the government of the GDR on 13 August 1961. It included guard towers placed along large concrete walls, accompanied by a wide area (later known as the "death strip") that contained anti-vehicle trenches, beds of nails and other defenses.
Marshall PlanThe Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred 13.3billion(equivalentof173 billion in 2023) in economic recovery programs to Western European economies after the end of World War II. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948. VolkswagenVolkswagen (ˈfɔlksˌvaːɡn̩), abbreviated as VW (faʊˈveː), is a German automobile manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand after World War II by the British Army officer Ivan Hirst, it is known for the iconic Beetle and serves as the flagship brand of the Volkswagen Group, the largest automotive manufacturer by worldwide sales in 2016 and 2017. The group's biggest market is in China, which delivers 40 per cent of its sales and profits.
