The economy of Germany does. however. have its "soft spots." One of them. as in the United States. is that of agriculture. Another is that of the dwindling of population. a consequence of the drop in birth rate during the war years. Another is the heroic absorption of some 10 million refugees. about half of whom have yet to be rehabilitated and trained for their place in the German economy. While it is true that some industry and housing was subsidized by the German Government. we find that the need for these subsidies. taking various forms. of course. has diminished or withdrawn. We see this particularly in the tremendous housing program undertaken by the Federal Republic.
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refugees