I will take you on a fascinating journey through a time where the World was completely different to the one of today, a journey that I hope you enjoy.
An Economic Outlook
At present time, the economic outlook of Germany is definitely and certainly bullish and things are looking up for this highly urbanized state. From 2008 up to the present, the economy is metamorphosing from being predominantly export driven into a growing domestic demand scenario. As never before seen in the past several years, salary grade increases for the labour sector have been adjudicated and approved and consumerism has been very receptive to the economy. This development has resulted in the lowering of the unemployment rate, as more and more companies are getting back into hiring additional employees and staff. This economic revival has energized the property market sector of the country.
The new German Empire was a federal one: each of its twenty-five constituent states (kingdoms, grand duchies, duchies, principalities, and free cities) retained its autonomy. The King of Prussia, as German Emperor didn’t have sovereignty over the entirety of Germany but as the first amongst equals. Bismarck was also appointed as the Imperial Chancellor of the German Empire, but retained his Prussian offices including those of Minister-President and Foreign Minister; thus, he held almost complete control of both domestic and foreign policy.