Controlling the Economy Flashcards
(29 cards)
what were economic aims for hitler
-ensure reasonable standard of living to keep public support
-provide resources for rearmament
-move to autarchy for national independence
-provide resources for major architectural projects
what was the “primacy of politics”
hitler thought any economic laws/policies must serve political objectives e.g. serve the good of the aryan race
what was government spending on work creation in 1932-33
1932 - RM1455 mill
1933 - RM1985 mill
how many jobs were created in 1933-34
2.8 mill jobs created, 20% made from work creation schemes
what was unemployment by 1936
1.6 mill
why was nazi unemployment figures inaccurate
Voluntary labour service (RAD) was compulsory and designed for young ppl to have work, but the young ppl working under the RAD werent counted as unemployed even tho they werent paid
when did they begin issuing mefo bills
autumn 1933, by apr 1934 Krupp and Siemens producing armaments
what fraction did mefo bills finance military spending
1/5 of all military spending in 1933-39 , RM12 bill
when were import quotas introduced
summer 1934 on wool and cotton, no restriction on steel or other materials needed for rearmament
what did schacht introduce so importing goods were illegal
import licenses
what trade agreements did schacht make
stimulated trade with developing countries instead e.g. peru, brazil, yugoslavia, latvia, estonia
what were consequences of the new plan
-standard of living decreased
-limited imports of wool and cotton meant textiles industry hit which employed 20% of workforce
-price of clothing rose
what was the new plan
import quotas, trade agreements
who was nazi agricultural minister
darre
when was butter rationed
1935
how much did price of pork rise by
rose 30% in 1934-36
what % of population were working class in 1933
46%
how did working conditions for working class detoriorate
-average working week rose from 43 hrs to 47 hrs in 1933-39
- average hrly wages in 1933 was 3% lower than 1932
-average hrly wages in 1939 still 2% below 1932 level
describe the kdf
-subsidised sport training, gym classes, sailing lessons, opera tickets, hiking trips, weekend breaks, package holidays
-organised touring orchestras who played in factories
-set up art exhibitions
-1937 had budget of RM 29 mill
-was responsible for half of theatre bookings in Berlin
subsidised 1.7 mill short holidays
-however Kdf holidays had bad/basic conditions with little privacy + poor sanitisation
-little choice in entertainment in concerts
how much was budget of kdf in 1937
1937 had budget of RM 29 mill
how much did number of women in workforce increase by
1933 - 11.4 mill
1939 - 14.8 mill
-showed need for munitions workers
how much was average womans wage compared to men
-half of mans wage
-female textile workers in waldenburg earned less than half of average womans wage
what did owners of big firms benefit from in nazis
-destruction of trade union s, could keep wages low
with greater demands of workers
-government contracts to produce muninons
who advised government on the 4 yr plan and what did they get out of it
IG farben, 1939 they had over 200,000 employees and worth RM 1.6 bill
