The American Policy towards the Social Market Economy in the West Germany after the World War II A study in the history of Policy Economic

Authors

  • bushra tais Al Mustansiriyah University‎ Author

Keywords:

The Social Market Economy- Ludwig Erhard - the German economy- the American Policy

Abstract

The Second World War and the occupation of Germany by the four powers left difficult economic and social crises, and with the increase in enmity between the capitalist regimes led by the United States of American and the communist regimes led by the Soviet Union since 1947. the capitalist powers began to ease industrial restrictions to improve the economy in West Germany to prevent the tide of Soviet communism. and although the West German elite set its reform program in the Social Market Economy in 1948 but its results did not appear until 1951 after the international tension in the Korean War (1950- 1953), German industrial restrictions were cancel by the Western Allies and this led to the growth acceleration of the German economy and as a result led to rise in the standard of living . The program implementation continued until 1957 since the German government adopted the free market system in its economic policy as per requirements the establishment of the European Common Market, and after the tension between the two systems eased according to what was known policy of peaceful coexistence

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Published

2022-03-31