Nazi Economy
During the Hitler era (1933–45), the economy developed a hothouse prosperity, supported with high government subsidies to those sectors that tended to give Germany military power and economic autarky, that is, economic independence from the global economy. During the war itself the German economy was sustained by the exploitation of conquered territories and people. With the loss of the war, the country entered into the period known as Stunde Null ("Zero Hour"), when Germany lay in ruins and the society had to be rebuilt from scratch.
Read more about this topic: Economic History Of Germany
Famous quotes containing the words nazi and/or economy:
“What is most original in a man’s nature is often that which is most desperate. Thus new systems are forced on the world by men who simply cannot bear the pain of living with what is. Creators care nothing for their systems except that they be unique. If Hitler had been born in Nazi Germany he wouldn’t have been content to enjoy the atmosphere.”
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—Henry David Thoreau (1817–1862)