Industries and labor conditions in German in the 20th and 21st century

The 20^th century witnessed a technological firestorm race throughout the world of business. During this period, Germany experienced a successful growth spell in its industries and labor market. It was among the top industrialized nations alongside Britain and the United States. Older industries were finished by new methods of production with newer ones coming into fore. Its growth of production was strikingly high. This period saw the emergence of companies like Siemens and Bayer (Grenville 315).

This great success was due to the increased disparity in the country’s population. In early 20^th century, Germany alongside other leading countries developed a protectionist industrial policy to structure capitalist economic development during important phases of its industrialization process. It improved its labor conditions to favor the working conditions of its citizens. This was in terms of salary adjustments and workers welfare to march the ongoing changes in industries. However, this growth staggered due to the great economic depression and the World Wars experienced in the mid to late 20^th century. This period affected Gemany’s relationships with some of the top countries in the world to the extent of engaging in warfare (Grenville 316).

In conclusion, the 20^th and the 21^st century saw the discovery of innovative innovations that propelled the country back to the great nations fold. This era saw the discovery of the first aircraft powered by a turbojet in Germany. It returned Germany to its usual status that it was in before. Currently Germany sits fourth in the most advanced economies in the world behind only the United States, china and Japan (Grenville 317-320).

Work cited

Grenville, John Ashley Soames. A History of the World from the 20th to the 21st Century.

Psychology Press, 2005.