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Intershop
Intershop was a chain of government-owned and operated retail stores in the German Democratic Republic (GDR, East Germany) in which only hard currencies (and later Forum checks) could be used to purchase high-quality goods, usually from or associated with Western countries. The East German mark was not accepted as payment. Intershop was originally oriented towards visitors from Western countries, and later became an outlet where East Germans could purchase goods they could not otherwise obtain. An unintended consequence was that ordinary East Germans had some insight into the selection of goods available in the West, which they could then compare with the rather limited offerings available in their own country. Product offerings Intershops sold imported products such as cigarettes, liquor, appliances and even car accessories. It even sold quality East German products that were exported and then re-imported. Those items were sometimes sold at a lower price than the same produ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forum Check
Forum checks (german: Forumscheck) were a form of hard currency in East Germany. From April 1979, all East Germans were required by law to convert any Deutsche Marks (and other western currencies) they possessed into Forum checks at a branch of the Staatsbank der DDR immediately. A Forum check mark was worth 1 West German Deutsche Mark, the smallest denomination was 50 Pfennigs and the highest was for 500 West German Deutsche Mark. Forum checks were accepted in Intershops as payment for western consumer goods and other products which were available in these shops only. Foreign citizens could use western currencies in these shops. See also * Foreign exchange certificate * Bon Towarowy PeKaO Bon towarowy PeKaO (or simply Bon PeKaO) cheques were substitute legal tender ( complementary currency) used in the People's Republic of Poland. The Polish government, needing hard foreign currency, introduced them in 1960. Citizens of Poland ... External links *Neue Währung i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berlin Friedrichstraße Station
Berlin Friedrichstraße () is a railway station in the German capital Berlin. It is located on the Friedrichstraße, a major north-south street in the Mitte district of Berlin, adjacent to the point where the street crosses the river Spree. Underneath the station is the U-Bahn station ''Friedrichstraße''. Due to its central location in Berlin and its proximity to attractions such as the Unter den Linden boulevard, the Brandenburg Gate and the Reichstag, the station is a favorite destination for tourists. At the same time, it is the main junction for regional traffic in Berlin, measured by the number of passengers. During the Cold War, Friedrichstraße became famous for being a station that was located entirely in East Berlin, yet continued to be served by S-Bahn and U-Bahn trains from West Berlin as well as long distance trains from countries west of the Iron Curtain. The station also was a major border crossing between East and West Berlin. History The initial station ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hard Currency
In macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's ''hard'' status might include the stability and reliability of the respective state's legal and bureaucratic institutions, level of corruption, long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank. Safe haven currency is defined as a currency which behaves like a hedge for a reference portfolio of risky assets conditional on movements in global risk aversion. Conversely, a weak or soft currency is one which is expected to fluctuate erratically or depreciate against other currencies. Softness is typically the result of weak legal institutions and/or political or fiscal instability. History The paper currencies of some developed countries have earned recognition as har ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East German Mark
The East German mark (german: Mark der DDR ), commonly called the eastern mark (german: Ostmark, links=no ) in West Germany and after reunification), in East Germany only ''Mark'', was the currency of the German Democratic Republic (East Germany). Its ISO 4217 currency code was DDM. The currency was known officially as the ''Deutsche Mark'' from 1948 to 1964, ''Mark der Deutschen Notenbank'' from 1964 to 1967, and from 1968 to 1990 as the ''Mark der DDR'' (Mark of the GDR). The mark (M) was divided into 100 Pfennig (pf). History 1948 On 18 June 1948 a currency reform was announced for the western zones. Subsequently, on 20 June 1948, the reichsmark and the rentenmark were abolished in the western occupation zones due to Soviet counterfeiting of ''AM-Marks'' resulting in economic instability and inflation and replaced with the ''Deutsche Mark'' issued by the '' Bank deutscher Länder'' (later the Deutsche Bundesbank). Because the ''Reichsmark'' was still legal tender in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Berlin
West Berlin (german: Berlin (West) or , ) was a political enclave which comprised the western part of Berlin during the years of the Cold War. Although West Berlin was de jure not part of West Germany, lacked any sovereignty, and was under military occupation until German reunification in 1990, the territory was claimed by the Federal Republic of Germany (FRG) which was heavily disputed by the Soviet Union and other Eastern Bloc countries. However, West Berlin de facto aligned itself politically with the FRG on 23 May 1949, was directly or indirectly represented in its federal institutions, and most of its residents were citizens of the FRG. West Berlin was formally controlled by the Western Allies and entirely surrounded by the Soviet-controlled East Berlin and East Germany. West Berlin had great symbolic significance during the Cold War, as it was widely considered by westerners an "island of freedom" and America's most loyal counterpart in Europe. It was heavily subsidi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DDR Intershop Logo
DDR or ddr may refer to: *ddr, ISO 639-3 code for the Dhudhuroa language *DDr., title for a double doctorate in Germany *DDR, station code for Dadar railway station, Mumbai, India *' (German Democratic Republic), official name of the former East Germany *''Dance Dance Revolution'', a musical video game series produced by Konami *Double data rate, a data transfer strategy of a computer bus **DDR SDRAM, a computer memory standard that uses double-data-rate transfers *Developers Diversified Reality and DDR Corp., former names for SITE Centers Corp. *Disarmament, demobilization and reintegration Disarmament, demobilisation and reintegration (DDR), or disarmament, demobilisation, repatriation, reintegration and resettlement (DDRRR) are strategies used as a component of peace processes, and is generally the strategy employed by all UN Peac ..., a component of peace processes * DNA-damage response, for repairing damaged DNA {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Erich Honecker
Erich Ernst Paul Honecker (; 25 August 1912 – 29 May 1994) was a German communist politician who led the German Democratic Republic (East Germany) from 1971 until shortly before the fall of the Berlin Wall in November 1989. He held the posts of General Secretary of the Socialist Unity Party of Germany (SED) and Chairman of the National Defence Council; in 1976, he replaced Willi Stoph as Chairman of the State Council, the official head of state. As the leader of East Germany, Honecker had close ties to the Soviet Union, which maintained a large army in the country. Honecker's political career began in the 1930s when he became an official of the Communist Party of Germany, a position for which he was imprisoned by the Nazis. Following World War II, he was freed by the Soviet army and relaunched his political activities, founding the SED's youth organisation, the Free German Youth, in 1946 and serving as the group's chairman until 1955. As the Security Secretary of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1978
Events January * January 1 – Air India Flight 855, a Boeing 747 passenger jet, crashes off the coast of Bombay, killing 213. * January 5 – Bülent Ecevit, of CHP, forms the new government of Turkey (42nd government). * January 6 – The Holy Crown of Hungary (also known as Stephen of Hungary Crown) is returned to Hungary from the United States, where it was held since World War II. * January 10 – Pedro Joaquín Chamorro Cardenal, a critic of the Nicaraguan government, is assassinated; riots erupt against Somoza's government. * January 18 – The European Court of Human Rights finds the British government guilty of mistreating prisoners in Northern Ireland, but not guilty of torture. * January 22 – Ethiopia declares the ambassador of West Germany ''persona non grata''. * January 24 ** Soviet satellite Kosmos 954 burns up in Earth's atmosphere, scattering debris over Canada's Northwest Territories. ** Rose Dugdale and Eddie Gallagher become the first convicted priso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Macmillan Press
Macmillan Publishers (occasionally known as the Macmillan Group; formally Macmillan Publishers Ltd and Macmillan Publishing Group, LLC) is a British publishing company traditionally considered to be one of the 'Big Five' English language publishers. Founded in London in 1843 by Scottish brothers Daniel and Alexander MacMillan, the firm would soon establish itself as a leading publisher in Britain. It published two of the best-known works of Victorian era children’s literature, Lewis Carroll's ''Alice's Adventures in Wonderland'' (1865) and Rudyard Kipling's ''The Jungle Book'' (1894). Former Prime Minister of the United Kingdom, Harold Macmillan, grandson of co-founder Daniel, was chairman of the company from 1964 until his death in December 1986. Since 1999, Macmillan has been a wholly owned subsidiary of Holtzbrinck Publishing Group with offices in 41 countries worldwide and operations in more than thirty others. History Macmillan was founded in London in 1843 by Daniel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Class
A social class is a grouping of people into a set of Dominance hierarchy, hierarchical social categories, the most common being the Upper class, upper, Middle class, middle and Working class, lower classes. Membership in a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. "Class" is a subject of analysis for List of sociologists, sociologists, political scientists, anthropologists and Social history, social historians. The term has a wide range of sometimes conflicting meanings, and there is no broad consensus on a definition of "class". Some people argue that due to social mobility, class boundaries do not exist. In common parlance, the term "social class" is usually synonymous with "Socioeconomic status, socio-economic class", defined as "people having the same social, economic, cultural, political or educational status", e.g., "the working class"; "an emerging professional class". H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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