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German History in Documents and Images
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Berlin in the Building Boom of the Founding Era (early 1870s)
This painting by Friedrich Kaiser (1875) shows construction on the Grenadierstraße, which was part of the building boom that transformed Berlin and many other German cities in the early 1870s. The “founding era” [Gründerzeit] from 1871 to 1873 was marked by strong economic growth but also unsustainable speculation, both of which were fueled by the French war indemnity paid to Germany in these years. Increased internal migration also resulted from liberalized laws of domicile.