According to Wikipedia, “The Wirtschaftswunder (German: [ˈvɪʁt. ʃaftsˌvʊndɐ] ( listen), “economic miracle“), also known as the Miracle on the Rhine, was the rapid reconstruction and development of the economies of West Germany and Austria after World War II (adopting an ordoliberalism-based social market economy).” The two main factors of the economic miracle were currency reform and the elimination of price controls, both of which happened over a period of weeks in 1948. According to Springer, “A currency reform is a prearranged redenomination or alteration of the currency, sometimes with confiscatory elements.” According to the Dictionary, “a government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation.” And the Germans got rid of price control. These two things helped bring up the German’s economic miracle.