WirtschaftswunderThe Wirtschaftswunder (ˈvɪʁt.ʃaftsˌvʊndɐ, "economic miracle"), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II (adopting an ordoliberalism-based social market economy). The expression referring to this phenomenon was first used by The Times in 1950.
Berlin BlockadeThe Berlin Blockade (24 June 1948 – 12 May 1949) was one of the first major international crises of the Cold War. During the multinational occupation of post–World War II Germany, the Soviet Union blocked the Western Allies' railway, road, and canal access to the sectors of Berlin under Western control. The Soviets offered to drop the blockade if the Western Allies withdrew the newly introduced Deutsche Mark from West Berlin.
PapiermarkThe Papiermark (paˈpiːɐ̯ˌmaʁk; 'paper mark', officially just Mark, sign: M︁) was the German currency from 4 August 1914 when the link between the Goldmark and gold was abandoned, due to the outbreak of World War I. In particular, the Papiermark was the currency issued during the hyperinflation in Germany of 1922 and 1923. From 1914, the value of the mark fell. The rate of inflation rose following the end of World War I and reached its highest point in October 1923.
West GermanyWest Germany (Westdeutschland) is the colloquial English term used to indicate the Federal Republic of Germany (FRG; Bundesrepublik Deutschland ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant) between its formation on 23 May 1949 and the German reunification through the accession of East Germany on 3 October 1990. During the Cold War, the western portion of Germany and the associated territory of West Berlin were parts of the Western Bloc.
French francThe franc (fræŋk; franc français, fʁɑ̃ fʁɑ̃sɛ; sign: F or Fr), also commonly distinguished as the French franc (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. After two centuries of inflation, it was redenominated in 1960, with each new franc (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc.
DresdenDresden (ˈdrɛzdən, ˈdʁeːsdn̩; Upper Saxon: Dräsdn; Drježdźany) is the capital city of the German state of Saxony and its second most populous city after Leipzig. It is the 12th most populous city of Germany, the fourth largest by area (after Berlin, Hamburg and Cologne), and the third most populous city in the area of former East Germany, after Berlin and Leipzig. Dresden's urban area comprises the towns of Freital, Pirna, Radebeul, Meissen, Coswig, Radeberg and Heidenau and has around 790,000 inhabitants.
Yugoslav dinarThe dinar (Cyrillic script: динар) was the currency of the three Yugoslav states: the Kingdom of Yugoslavia (formerly the Kingdom of Serbs, Croats and Slovenes), the Socialist Federal Republic of Yugoslavia, and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 para (Cyrillic script: пара). In the early 1990s, economic mismanagement made the government bankrupt and forced it to take money from the savings of the country's citizens.
German rearmamentGerman rearmament (Aufrüstung, ˈaʊ̯fˌʀʏstʊŋ) was a policy and practice of rearmament carried out by Germany from 1918 to 1939, in violation of the Treaty of Versailles which required German disarmament after WWI to prevent it starting another war. It began on a small, secret, and informal basis shortly after the treaty was signed, but was openly and massively expanded after the Nazi Party came to power in 1933.
