What Was The Economic Policy In East Germany Flashcards
Why was East Germany in so much shit?
As well as damage done during WW2, the Soviets had dismantled majority of the industry and taken huge reparations
How did East Germany become the most successful of the satellite states in industrial production?
It copied the Soviet Union with its 5 year plans for production
Why did agricultural production fall so sharply?
Land was taken from farmers without compensation and given to inexperienced local communities or landless farmers
How was East Germany’s economic policy successful?
East Germany had the 10th best economy in the world producing more consumer goods then any other communist country
What was a major failure of East Germany’s economic policy?
Many East Germans were unhappy and many defected to the west.
