Contrary to popular belief, economic success can be achieved very rapidly and very dramatically, if the population adopts the proper mindset.
The USA pulled itself out of a deep depression in the 1930's over a period of just several years, went from a nation in poverty, with unemployment of over 25?virtually no industry due to lack of demand and poverty of the nation; to a nation with almost full employment by the early 1940's, in an economic boom that lasted decades, until the 1960's, with very high incomes, economic growth, and prosperity for almost all americans. In the peak periods of the 1950's an average worker at even unskilled job of grocery clerk or gas boy, could afford to buy a home, buy a new car, a washing machine, take vacations at the beach, and send thier kids to college. Remarkable as this was, it pales in comparison to the economic growth achieved by Germany in the 1930's.
The Great Depression left Germany in a complete economic meltdown in the early 1930's; the currency was worthless, and virtually no employment; the wealth and savings of all had evaporated, and the economy and country was at a virtual standstill. The NAZI government was able to rally the population to full mobilization, and within a few years achieved full employment, and industrial output levels the world have never seen; they achieved so much success, history may say they were so drunk with economic success they believed their tiny nation could take over the world.
Even the NAZI Germany example of economic growth is overshadowed by the achievements of the Soviet Union in the 1920's, that changed an illiterate, medieval style rural agricultural society into an industrial powerhouse, almost overnight. The output in manufacturing of iron, steel, construction of roads, bridges, and other base industries and infrastructure rose by thousands of percent ... virtually overnight a population living by candle light in dirt floor farm cottages, was transformed into an in industrial urban population, with high levels of output, production and productivity working factory mass production industry.
There are many examples of rapid economic success to be found in history. The most important catalyst is the mind set, or the collective will, to achieve this success. To achieve this, one must accept the idea that 'all boats float together with the rising tide' of economic success; many people can not grasp this, and instead waste time, energy and resources competing for a share of the smaller pie, and trying to keep others from getting a share of that small pie, rather than working together to make the pie larger, so each share, and the amount of pie to be distributed, is increased.
Answered By: SpamlessSam - 7/15/2010