Wirtschaftswende
Die Regierung plant eine Wirtschaftswende hin zu erneuerbaren Energien.
The government plans an economic transition toward renewable energy.
A fundamental shift in economic policies or structures, often toward sustainability or green technologies.
Die Wirtschaftswende erfordert massive Investitionen in saubere Technologien.
The economic transition requires massive investments in clean technologies.
Often used in political and environmental contexts to describe a shift away from fossil fuels.
Collocations
Related Phrases
Pro Tip
Context Matters
The term is often used in political speeches and policy documents, so pay attention to the context.
Gold Rule
Capitalization
Always capitalize 'Wirtschaftswende' as it is a noun in German.
Word Origin
From 'Wirtschaft' (economy) + 'Wende' (turn/transition). Coined in the context of Germany's post-WWII economic reforms and later applied to environmental and digital transformations.
Usage Notes
Commonly used in German political and economic discourse, especially in debates about climate change and digitalization.