Economics Flashcards

(38 cards)

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

20
Q

Rise in average working week

A

43 hours to 47 hours, 1933-39

21
Q

Hourly wages decrease from 1932 to 33

22
Q

Hourly wages decrease from 1932-39

23
Q

Average working week by 1944

24
Q

kdf

A

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

25
Increase of women in workforce 1933-39
11.4 million to 14.8 million
26
Increase in undistributed profits 1928-39
1.3 billion to 5 billion
27
Reich Entail Farm Law
Made it illegal to sell large & medium sized farms Ended practice of farms being bought by big landowners
28
Reich Food Estate
Took a cut of food sales sometime more than 25%
29
Agricultural production increase 1928-38
20%
30
3 centres of economic power
4-Year-Plan Organisation Fritz Todt's Ministry of Munitions Ministry of Economics
31
Aims to increase Luftwaffe and actual size
21,000 planes Never exceeded 5,000
32
Meat ration April 1942
Dropped below 500g per week
33
Speer's rationalisation
Established Central Planning Board to coordinate economic organisations Established the Armaments Commission to oversee standardisation of munitions Introduced modern production methods - production lines
34
War production 1942-44
Doubled
35
Ammunition production
Increased 97%
36
Total arms production
Increased 59%
37
Tank production
Increased 25%
38
Economic production decrease
60% Dec 1944 - Jan 1945