Federal Ministry of Economics and Technology (Germany) - History

History

The historical predecessor of the current Federal Ministry of Economy and Technology was the Reichswirtschaftsamt (Reich Economic Office), founded in 1917. In 1919, this became the Reichswirtschaftsministerium (Reich Ministry of Economy), which existed until 1945.

In postwar occupied Germany, its functions were exercised by the Administrative Office of Economy (German: Verwaltungsamt für Wirtschaft) between 1946 to 1949. After the founding of the Federal Republic of Germany, the Federal Ministry of Economics (German: Bundesministerium für Wirtschaft) existed from 1949 to 1998. From May 1971 to December 1972, it was temporarily merged with the Federal Ministry of Finance, in the Federal Ministry of Economics and Finance. In 1998 the technology section of the Ministry of Research was added, making it the Federal Ministry of Economics and Technology. Between 2002 and 2005, it was merged with parts of the former Ministry of Labour and Social Affairs, in Federal Ministry for Economics and Labour. In the cabinet under Angela Merkel, the two parts were once again split up in 2005, so that there is now, once again, a Federal Ministry of Economics and Technology.

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