Why Bismarck supported industrialization

The unification of Germany gave a strong impetus to its capitalist development. In the early 70s, Germany was mainly an agricultural country, its large industry was just emerging. By the 90s, the situation had radically changed; a profound revolution in the economic life of the country ended.

Bismarck began to create a mechanism for the implementation of a new economic policy, allowing the idea of economic unity and modernization of the German economy.

Activities undertaken by Bismarck, his cabinet, the Reichstag and the Bundesrat were necessary to stimulate economic life. The government introduced 7 laws in August 1872, of which 4 were directly related to economic activity. In order to develop railway construction and government control over the activities of railway companies in 1873, at the suggestion of Bismarck, the Imperial Railroad Bureau was established. Under the leadership of Bismarck, new legislation was being formed that would give the process of economic modernization a legal mechanism.