Gil Hahn

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Thereafter, with leadership from Telefunken, the dominant producer, progress was more steady and by 1937 economies of scale were such that the price for the standard VE 301 could be reduced to as little as 59 Reichsmarks. By 1938, the penetration of radios in the big cities of Germany had reached 70 per cent. In the countryside, however, radios remained a luxury.
The Wages of Destruction: The Making and Breaking of the Nazi Economy
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