Answer:
Wirtschaftswunder was applied to the "economic miracle" in West Germany after WWII.
Option (A) is true.
Step-by-step explanation:
Wirtschaftswunder (pronounced "virts-shoofs-voond-er") is a German word that means "economic miracle."
It is the term used to describe the rapid economic recovery of West Germany after World War II.
This period of economic growth began in the late 1940s and lasted until the mid-1960s.
The Wirtschaftswunder was a remarkable feat of reconstruction and innovation.
West Germany's economy had been devastated by the war, with infrastructure destroyed, industries in ruins, and millions of people displaced.
However, the country was able to rebuild its economy and become one of the world's leading industrial powers.
Several factors contributed to the Wirtschaftswunder, including:
The Marshall Plan: The United States provided substantial economic aid to West Germany after the war, which helped to stabilize the economy and stimulate investment.
Investment from abroad: Foreign businesses were attracted to West Germany's low labor costs and strong infrastructure.
Government policies: The West German government implemented policies that encouraged free-market capitalism and industrial growth.
A hard-working population: The German people were determined to rebuild their country and were willing to work hard to achieve their goals.
Thus,
Option (A) is true.