Choose the given statement that is true/false:

The German economists thought in terms of the national economy.

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Detailed Solution

The above statement is true.
The German economists thought in terms of the national economy
German economists thought economically. They were worried about how the country would develop and what economic policies would build their country together. Friedrich List was a professor of economics at the University of Tubingen, Germany. He explained that Zollverein aimed to economically detain Germans in the state. He felt it would substantially strengthen the country by protecting its interests from the outside world and stimulating domestic productivity. Economists began to think from an economic perspective. They talked about how the country can develop and what economic measures can help build this country together. Friedrich List, a professor of economics at the University of Tubingen in Germany, wrote in 1834: That Germans are meant to be economically imprisoned in one nation, according to the Customs Union. Promoting domestic output and defending the nation's interests against foreign adversaries will significantly strengthen the nation. It aims to awaken and enhance public sentiment by fusing personal and local interests. Germans recognize that free economic order is the only way to generate national sentiment.

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