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What was the outcome of the nationalization of East German industry under Ulbricht?

  • Failed to raise the living standards to West Germany level

  • Elevated East Germany to a global economic power

  • Balanced economic inequity

  • Stimulated private enterprise

Answer

The nationalization of East German industry under Ulbricht failed to raise the living standards to West Germany level because the government was unable to effectively manage the economy and provide the necessary goods and services to its citizens. As a result, East Germany remained a poor and underdeveloped country, while West Germany became one of the most prosperous countries in the world.
From Wall to Walter: The Reign of Walter Ulbricht

From Wall to Walter: The Reign of Walter Ulbricht

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