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Hyperinflation affected the German Papiermark, the currency of the Weimar Republic, between 1921 and 1923, primarily in 1923. The German currency had seen significant inflation during the First World War due to the way in which the German government funded its war effort through borrowing, with debts of 156 billion marks by 1918.
Economy of Nazi Germany. Economy of Nazi Germany. Prisoner work force in the construction of the Valentin submarine pens for U-boats, in 1944. Location. The Third Reich and German-occupied Europe; forced labor predominantly from Nazi-occupied Poland and the Nazi-occupied Soviet Union. Period. Great Depression and World War II (1933–1945)
Indian workers check new fuel tanks at the Hindustan Aircraft Factory in Bangalore, 1944. Military production during World War II was the production or mobilization of arms, ammunition, personnel and financing by the belligerents of the war, from the occupation of Austria in early 1938 to the surrender and occupation of Japan in late 1945.
BMW 2500 / 2800 ‘New Six’. The BMW 501 was a luxury car manufactured by BMW from 1952 to 1958. Introduced at the first Frankfurt Motor Show in 1951, the 501 was the first BMW model to be manufactured and sold after the Second World War, and as the first BMW car built in Bavaria. The 501 and its derivatives, including the V8 powered BMW 502 ...
By the end of 1919, Ford was producing 50 percent of all cars in the United States, and 40% of all British ones; [15] by 1920, half of all cars in the U.S. were Model Ts. (The low price also killed the cyclecar in the U.S.) [15] The assembly line transformed the industry; soon, companies without it risked bankruptcy. Of 200 U.S. car makers in ...
Kfz 13 (machine gun car) Kfz 14 (radio car) Kleiner Panzerbefehlswagen (light command tank version of the Panzer I) Kleiner Panzerfunkwagen (designation for the Sd.Kfz. 260 and Sd.Kfz. 261) Kleines Kettenkraftrad HK 101 (Sd.Kfz. 2, little tracked motorcycle) Königstiger (common alternative name for the Tiger II) Krupp Minenraumer S (anti-mine ...
President Joe Biden signed the Inflation Reduction Act into law on Aug. 16, sweeping legislation which addresses climate, energy and healthcare issues. One of the provisions of the act is to ...
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 ...