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What significant postwar development in West Germany is Erhard known for leading?

  • Wissenschaftwerke

  • Wunderarbeite

  • Militärwunder

  • Wirtschaftswunder

Answer

Ludwig Erhard was a German politician and economist who is credited with leading West Germany through a period of rapid economic growth after the Second World War. This period, known as the Wirtschaftswunder, saw the West German economy grow at an average rate of 8% per year, and it was largely due to Erhard's policies of free market capitalism and deregulation.
Mastering the Legacy: The Phenomenal Ludwig Erhard

Mastering the Legacy: The Phenomenal Ludwig Erhard

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