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Economy of Nazi Germany. Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street Crash of 1929. [ 1 ] When Adolf Hitler became Chancellor of Germany in 1933, he introduced policies aimed at improving the economy.
Relatives. Harald Quandt (half-brother) Herbert Werner Quandt (22 June 1910 – 2 June 1982) was a German industrialist and member of the Nazi Party [1] credited with having saved BMW when it was at the point of bankruptcy [2] and made a huge profit in doing so. Quandt also oversaw the use at his family's factories during World War II of tens ...
Düsseldorf. The Vereinigte Stahlwerke AG (VSt or Vestag, United Steelworks) was a German industrial conglomerate producing coal, iron, and steel in the interbellum and during World War II. During the 1930s, VSt was one of the biggest German companies and, at times, also the largest steel producer in Europe.
History of BMW. The official founding date of the German motor vehicle manufacturer BMW is 7 March 1916, when an aircraft producer called Bayerische Flugzeugwerke (formerly Otto Flugmaschinenfabrik) was established. [1][2] This company was renamed to Bayerische Motoren Werke (BMW) in 1922. However, the BMW name dates back to 1917, when Rapp ...
Günther Quandt (28 July 1881 – 30 December 1954) was a German industrialist who founded an industrial empire that today includes BMW and Altana, a car and chemical company, respectively. Between, 1921 and 1929 he was married to Magda Ritschel, later the wife of Nazi Propaganda Minister Joseph Goebbels. In the 1930s he joined the Nazi Party ...
The European Union has concluded free trade agreements (FTAs) [ 1 ] and other agreements with a trade component with many countries worldwide and is negotiating with many others. [ 2 ] The European Union negotiates free trade deals on behalf of all of its member states, as the member states have granted the EU has an "exclusive competence" to ...
BMW R75. The BMW R75 is a World War II -era motorcycle and sidecar combination produced by the German company BMW. The BMW R75 stands out by its integral two-wheel drive design, with drive shafts to both its rear wheel and the third side-car wheel, from a locking differential, as well as a transfer case offering both road and off-road gear ...
German–Soviet economic relations (1934–1941) After the Nazis rose to power in Germany in 1933, relations between Nazi Germany and the Soviet Union began to deteriorate rapidly. Trade between the two sides decreased. Following several years of high tension and rivalry, the two governments began to improve relations in 1939.