Explain the impact that the
unification of Germany had.
In a complete sentence

German unification has acted as an asymmetric contractionary shock on the European Community, not directly through a restrictive stance induced on monetary policy but through the negative transmission of uncoordinated expansionary national fiscal operations.

Explanation:

first industrial revolution - the first wave of the industrial revolution lasted from the late 1700s to the mid-1800s. it industrialized the manufacture of textiles and began the move of production from homes to factories. steam power and the cotton gin played an important role in this period.