Economics Flashcards

1
Q

Nazi economic aims

A

Reasonable standard of living
Provide resources for rearmament & major architectural projects
Move towards autarky

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2
Q

Indirect Stimulus

A

Tax Cuts
Gov Grants
Designed to boost spending

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3
Q

Direct Stimulus

A

Gov set up schemes that employed people to work on gov projects

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4
Q

3 areas of tax cuts

A

Farming
Small business
Heavy industry

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5
Q

Reinhardt Programme

A

RM1,000 million to public works schemes
e.g. road building and bridge repairs

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6
Q

How much did gov spending on work creation increase

A

RM1455 million to RM1985 million, 1932-33

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7
Q

How many jobs created between 1933 & 1934

A

2.8 million
20% created through gov schemes

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8
Q

Unemployment in 1936

A

1.6 million

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9
Q

Mefo bills

A

Mefo GmbH was a company that placed orders for military goods
Allowed gov to hide what it was doing and delay payments
Financed RM12 billion of military spending 1933-39

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10
Q

When were import quotas introduced on wool, cotton, leather etc.

A

Summer 1934

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11
Q

When dud German trade become back into balance

A

Mid 1935

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12
Q

Countries Schacht stimulated trade with

A

Peru, Brazil, Yugoslavia, Latvia, Estonia

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13
Q

How much did price of pork & ham rise from 1934-36

A

30%

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14
Q

When did Schacht resign as minister of economics

A

1937

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15
Q

How much did coal production increase

A

319.7 million tonnes to 390.9 million tonnes, 1936-38

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16
Q

Steel production increase

A

19,2 million tonnes to 22.6 million tonnes, 1936-38

17
Q

How many tonnes of steel did military leaders request per month

A

750,000 tonnes
Only received 300,000

18
Q

Ersatz rubber increase

A

500%, 1936-38

19
Q

For what year did Hitler’s generals say Germany would be ready for major war

A

1943

20
Q

Rise in average working week

A

43 hours to 47 hours, 1933-39

21
Q

Hourly wages decrease from 1932 to 33

A

3%

22
Q

Hourly wages decrease from 1932-39

A

2%

23
Q

Average working week by 1944

A

60 hours

24
Q

kdf

A

Subsidised sports training & sailing lessons
Subsidised theatre and opera tickets
Set up art exhibitions

25
Q

Increase of women in workforce 1933-39

A

11.4 million to 14.8 million

26
Q

Increase in undistributed profits 1928-39

A

1.3 billion to 5 billion

27
Q

Reich Entail Farm Law

A

Made it illegal to sell large & medium sized farms
Ended practice of farms being bought by big landowners

28
Q

Reich Food Estate

A

Took a cut of food sales
sometime more than 25%

29
Q

Agricultural production increase 1928-38

A

20%

30
Q

3 centres of economic power

A

4-Year-Plan Organisation
Fritz Todt’s Ministry of Munitions
Ministry of Economics

31
Q

Aims to increase Luftwaffe and actual size

A

21,000 planes
Never exceeded 5,000

32
Q

Meat ration April 1942

A

Dropped below 500g per week

33
Q

Speer’s rationalisation

A

Established Central Planning Board to coordinate economic organisations
Established the Armaments Commission to oversee standardisation of munitions
Introduced modern production methods - production lines

34
Q

War production 1942-44

A

Doubled

35
Q

Ammunition production

A

Increased 97%

36
Q

Total arms production

A

Increased 59%

37
Q

Tank production

A

Increased 25%

38
Q

Economic production decrease

A

60% Dec 1944 - Jan 1945