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Economic Liberalization In The Post–World War II Era
After World War II, many countries adopted policies of economic liberalization in order to stimulate their economies. The period directly after the war did not see many, the most notable exception being West Germany's reforms of 1948, which set the stage for the Wirtschaftswunder in the 1950s and helped inform many of the liberalisations that were to come. However, it was not until the 1970s that the stagflation of the period forced many countries to look for new economic systems. The emergence of neoliberalism and other associated economically liberal doctrines saw a wave of economic liberalisations sweeping the globe. Starting with Chile in 1975, various governments adopted and implemented liberal policy. The most important of these were Ronald Reagan and Margaret Thatcher, who developed the initial wave of neoliberal thought in practise. Chronic economic crisis throughout the 1980s and the collapse of the Communist bloc at the end of the 1980s, helped foster political oppositi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Theatre Of World War II
The European theatre of World War II was one of the two main theatres of combat during World War II, taking place from September 1939 to May 1945. The Allied powers (including the United Kingdom, the United States, the Soviet Union and France) fought the Axis powers (including Nazi Germany and Fascist Italy) on both sides of the continent in the Western and Eastern fronts. There was also conflict in the Scandinavian, Mediterranean and Balkan regions. It was an intense conflict that led to at least 39 million deaths and a dramatic change in the balance of power in the continent. During the 1930s, Adolf Hitler, the leader of Nazi Germany, expanded German territory by annexing all of Austria and the Sudetenland region of Czechoslovakia in 1938. This was motivated in part by Germany's racial policy that believed the country needed to expand for the pseudoscientific "Aryan race" to survive. They were aided by Italy, another fascist state which was led by Benito Mussolini. Wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Party Of Australia
The Liberal Party of Australia (LP) is the prominent centre-right political party in Australia. It is considered one of the two major parties in Australian politics, the other being the Australian Labor Party (ALP). The Liberal Party was founded in 1944 as the successor to the United Australia Party. Historically the most electorally successful party in Australia's history, the Liberal Party is now in opposition at a federal level, although it presently holds government in the Northern Territory, Queensland and Tasmania at a sub-national level. The Liberal Party is the largest partner in a centre-right grouping known in Australian politics as the Coalition, accompanied by the regional-based National Party, which is typically focussed on issues pertinent to regional Australia. The Liberal Party last governed Australia, in coalition with the Nationals, between 2013 and 2022, forming the Abbott (2013–2015), Turnbull (2015–2018) and Morrison (2018–2022) governments ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Labor Party
The Australian Labor Party (ALP), also known as the Labor Party or simply Labor, is the major Centre-left politics, centre-left List of political parties in Australia, political party in Australia and one of two Major party, major parties in Politics of Australia, Australian politics, along with the Centre-right politics, centre-right Liberal Party of Australia. The party has been in government since the 2022 Australian federal election, 2022 federal election, and with List of state and territory branches of the Australian Labor Party, political branches active in all the States and territories of Australia, Australian states and territories, they currently hold government in New South Wales, South Australia, Victoria (state), Victoria, Western Australia, and the Australian Capital Territory. As of 2025, Queensland, Tasmania and Northern Territory are the only states or territories where Labor currently forms the opposition. It is the oldest continuously operating political party ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Mark
The Deutsche Mark (; "German mark (currency), mark"), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later of unified Germany from 1990 until the adoption of the euro in 2002. In English, it was typically called the "Deutschmark" ( ). One Deutsche Mark was divided into 100 pfennigs. It was first issued under Bizone, Allied occupation in 1948 to replace the Reichsmark and served as the Federal Republic of Germany's official currency from its founding the following year. On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. In 1999, the Deutsche Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bizone
The Bizone () or Bizonia was the combination of the American and the British occupation zones on 1 January 1947 during the occupation of Germany after World War II. With the addition of the French occupation zone on 1 August 1948J. Robert Wegs & Robert Ladrech (1996). ''Europe since 1945: a concise history''. New York. the entity became the Trizone (; sometimes jokingly called Trizonesia (, )). Later, on 23 May 1949, the Trizone became the Federal Republic of Germany, commonly known as West Germany. History Division of Germany into occupation zones At the conclusion of World War II, the Allies began organising their respective occupation zones in Germany. The easternmost lands were permanently annexed to either Poland or the Soviet Union. The lands that were to remain "German" were divided four ways: The Americans occupied the South, the British the West and North, France the South-West, and the Soviets Central Germany (the future East Germany). Berlin was similarly divi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ludwig Erhard
Ludwig Wilhelm Erhard (; 4 February 1897 – 5 May 1977) was a German politician and economist affiliated with the Christian Democratic Union of Germany, Christian Democratic Union (CDU), and Chancellor of Germany (1949–), chancellor of West Germany from 1963 until 1966. He is known for leading the West German postwar economic reforms and economic recovery (''Wirtschaftswunder'', German for "economic miracle") in his role as Minister of Economic Affairs under Chancellor Konrad Adenauer from 1949 to 1963. During that period he promoted the concept of the social market economy (''soziale Marktwirtschaft''), on which Germany's economic policy in the 21st century continues to be based. In his tenure as Chancellor, however, Erhard lacked support from Adenauer, who remained chairman of the CDU party until 1966. Erhard failed to win the German public's confidence in his handling of a budget deficit and lacked public support for his direction of foreign policy. His popularity waned, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Market
A black market is a Secrecy, clandestine Market (economics), market or series of transactions that has some aspect of illegality, or is not compliant with an institutional set of rules. If the rule defines the set of goods and services whose production and distribution are prohibited or restricted by law, non-compliance with the rule constitutes a black-market trade since the transaction itself is illegal. Such transactions include the illegal drug trade, prostitution (where prohibited), illegal currency transactions, and human trafficking. Participants try to hide their illegal behavior from the government or regulatory authority. Cash is the preferred medium of exchange in illegal transactions, since cash transactions are less easily traced. Common motives for operating in black markets are to trade contraband, avoid taxes and regulations, or evade price controls or rationing. Typically, the totality of such activity is referred to with the definite article, e.g., "''the' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reichsmark
The (; sign: ℛ︁ℳ︁; abbreviation: RM) was the currency of Germany from 1924 until the fall of Nazi Germany in 1945, and in the American, British and French occupied zones of Germany, until 20 June 1948. The Reichsmark was then replaced by the Deutsche Mark, to become the currency of West Germany and then all of Germany after the 1990 reunification. The Reichsmark was used in the Soviet occupation zone of Germany until 23 June 1948, where it was replaced by the East German mark. The Reichsmark was subdivided into 100 (Rpf or ℛ︁₰). The Mark is an ancient Germanic weight measure, traditionally a half pound, later used for several coins; (''realm'' in English) comes from the official name for the German state from 1871 to 1945, . History The Reichsmark was introduced in 1924 as a permanent replacement for the '' Papiermark''. This was necessary due to the 1920s German inflation which had reached its peak in 1923. The exchange rate between the old ''Papiermark'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time (magazine)
''Time'' (stylized in all caps as ''TIME'') is an American news magazine based in New York City. It was published Weekly newspaper, weekly for nearly a century. Starting in March 2020, it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been owned by Salesforce founder Marc Benioff, who acquired it from Meredith Corporation. Benioff currently publishes the magazine through the company Time USA, LLC. History 20th century ''Time'' has been based in New York City since its first issue published on March 3, 1923 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morgenthau Plan
The Morgenthau Plan was a proposal to weaken Germany following World War II by eliminating its arms industry and removing or destroying other key industries basic to military strength. This included the removal or destruction of all industrial plants and equipment in the Ruhr. It was first proposed by United States Secretary of the Treasury Henry Morgenthau Jr. in a 1944 memorandum entitled ''Suggested Post-Surrender Program for Germany''. While the Morgenthau Plan had some influence until 10 July 1947 (adoption of JCS 1779) on Allied planning for the occupation of Germany, it was not adopted. US occupation policies aimed at "industrial disarmament", but contained a number of deliberate loopholes, limiting any action to short-term military measures and preventing large-scale destruction of mines and industrial plants, giving wide-ranging discretion to the military governor and Morgenthau's opponents at the War Department. An investigation by Herbert Hoover concluded the plan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JCS 1067
The Morgenthau Plan was a proposal to weaken Germany following World War II by eliminating its arms industry and removing or destroying other key industries basic to military strength. This included the removal or destruction of all industrial plants and equipment in the Ruhr. It was first proposed by United States Secretary of the Treasury Henry Morgenthau Jr. in a 1944 memorandum entitled ''Suggested Post-Surrender Program for Germany''. While the Morgenthau Plan had some influence until 10 July 1947 (adoption of JCS 1779) on Allied planning for the occupation of Germany, it was not adopted. US occupation policies aimed at "industrial disarmament", but contained a number of deliberate loopholes, limiting any action to short-term military measures and preventing large-scale destruction of mines and industrial plants, giving wide-ranging discretion to the military governor and Morgenthau's opponents at the War Department. An investigation by Herbert Hoover concluded the plan wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
