The German economy lay in a state of despair after WWII, stemming from problems that occurred well before this. But a miracle happened; Germany was able to turn around their economic tragedy to one of substantial growth and wealth, lifting itself from the bottom to one of the top economies in Europe. .
             This so-called economic miracle' was due to currency reforms and the destruction of price control that had been in place since the Nazi parties rule. To further understand this miracle you need to know the economy of Germany prior and during WWII. After WWI and the signing of the Treaty of Versailles, Germany was to pay 33 million in reparations which put its economy into shambles. The great depression in the United States hit Germans the hardest with one U.S. dollar equaling 4.2 trillion Deutsch Marks with the country going into a state of very high inflation. This deprived Germany from a source of finance. German people's money was almost worth nothing.
             In 1923 Germany went under monetary reform in hopes the economy would grow. Hitler became Germany's fifth chancellor in 1933 and claimed he would lift the economy of it state of hopelessness. German banker Schacht met in secret with Hitler and other financiers and industrialists and Hitler promised he would do away with the economic crisis, communists, trade union, the Treaty of Versailles and to recreate the nation's army. He instituted a law of reduction of unemployment in June of 1933, and put over two million Germans to work building autobahns, railroads, and canals.
             After 1935, all males between the ages of 18 to 25 had to perform compulsory labor, which the German government utilized as a method of procuring inexpensive labor with which the pace of rearmament was quickened. From 1939 on, women also had to partake in labor service, in February 1935 the government instituted the Arbeitsbuch(Work Book), this gave them the power to heavily regiment the workforce and limit ...