History of Switzerland
Switzerland's most important exports during the war were precision machine tools, watches, jewel bearings (used in bombsights), electricity, and dairy products. During World War Two, the Swiss franc was the only remaining major freely convertible currency in the world, and both the Allies and the Germans sold large amounts of gold to the Swiss National Bank. Between 1940 and 1945, the German Reichsbank sold 1.3 billion francs worth of gold to Swiss Banks in exchange for Swiss francs and other foreign currency.
Poverty in Switzerland
In 2013 the mean household income in Switzerland was CHF 120,624 (c. USD 134,000 nominal, USD 101,000 PPP), the mean household income after social security, taxes and mandatory health insurance was CHF 85,560 (c. USD 95,000 nominal, USD 72,000 PPP). The OECD lists Swiss household gross adjusted disposable income per capita USD 32,594 PPP for 2011.