ELI5-How did Germany go from losing two world wars to being the economic powerhouse of Europe?
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To put it in very simple terms – heavy industrialism. Following the sanctions from the Allies, Germany resulted in a weak military but a strong economy. From pharmaceuticals, to cars, to heavy machinery, to chemicals, they pretty much dominate the European market in exports. Even though they do not use it much for themselves, they also export military products at a mass scale.
This is combined with other factors such as: a very strong education sector – it is one of the most literate countries in the world. A vast network of natural resources which makes the country much less dependant on imports. Healthcare – one of the highest life expectancy’s in the world. I also believe all of this was fuelled by one of Hitler’s greatest projects – the Autobahn.
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