I am currently making a PowerPoint presentation on the consequences of the german reunification and need some help on what the immediate effects are please.|||A long term (10 years +) slump in the German economy due to cost of the modernization of the old East Germany to West German levels.
Many West Germans claimed rights to property in the former East Germany; the people living in them either had to get out or pay rent.
Mass unemployment in the former East Germany; the Communist government had guaranteed their jobs, but once part of a unified Germany,capitalist market forces came into play. Outdated machinery, technology, and work practices, combined with a workforce in no way trained or prepared for employment in a modern,technologically advanced industrialized capitalist country meant mass factory closures,lay offs,and downsizing for those that did survive.|||The above plus:
The East German government resigned and the West German government took over the affairs.
Taxes in West Germany were raised to pay for the reconstruction of the East German infrastructure.
The German government was moved from Bonn to Berlin.
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