scher Lander and was given much more authority over F f k monetary policy. The Bundeskartellamt was establish to prevent the return of German % k q monopolies and cartels. The economy did not grow as fast in the 1960s. There was a stop q V in labor from East Germany by the building of the Berlin wall. V l In East Germany or the German Democratic Republic ( GDR) economic l l control was absolute under the Communist Party. Patterned after the Soviet model GDR 8 l n 8 economy was state controlled and a centralized planned production. Beginning in 1945, P n l P large tracts of land and factories were taken over by the state. They started reform ? h l n h programs for agriculture and industry. In 1949 GDR became a member of the council for € n f € mutual economic assistance ( COMECON). This program included all of the Soviet 8 ˜ f t ˜ satellite states, and had been created in order to coordinate economic planning in socialist t p states worldwide.They had to offer some sort of financial help, because the U.S Marshall p p plan was offered to all of Europe. But the Soviet ruled state turned the help down. The p s Soviets had another idea called the five year plan. The concept of the a five year plan was s m introduced in the 1951 . It was intended to make up war losses and also make possible m k reparations payment to the Soviet Union. This was the purpose of heavy industry and ) ( k k ( build up on a large scale. But these production goals could not be met. Because of 7 @ k p @ continous shortage of material. So the Soviets tried a second five year plan in 1956." X p i X The plan was aimed to complete the nationalizat...
