<span> do not know what you definition of "end of the century" is, here are the phases of development of the German economy since WW II: </span>
<span>after introduction of German Mark in 1948/1949 until 1973: "Economic Wonder", high growth rates, decreasing unemployment to the point where we hired foreign workers from Italy/Greece/Portugal/Spain, </span>
<span>1973: Oil shock and stagflation: growth rates reduced to 2 - 3 % average until 1990, high inflation which went down by the end of he period to 2 %, rising unemployment up to 8 % </span>
<span>1990: Re-Unification with Eastern Germany triggered a short term high growth rate, but also unemployment increased to nearly 10 % by end of century, economical growth GDP around 1 - 2 %, </span>
<span>significant increase in government debt and deficits as huge investment in East German infrastructure and retirement/health care/ unemployment system. By the end of the century Germany was considered "the sick man of Europe". </span>
<span>From 2002: "Agenda 2010" with major labor market reforms lead to higher employment (today around 6 %), and significant reduction in deficit: today just 8 bn $ and growth rats 2 - 3 % per year.</span>
The correct answer is - b. 1993.
Even thought he European Union has its origins and basis from the 1950's and onward, it has been officially established as we know it nowadays in the year of 1993, in Maastricht, Netherlands.
It is a union of European countries, with the purpose of joint and supportive economies, open borders between the member states, political union, and also a fight against the nationalism on the continent and trying to make the multiple ethnic groups feel like Europeans (but hasn't seen any success whatsoever).
