economy Flashcards
(55 cards)
what was the autobahn project
nationwide network of high-speed motorways. It was one of the most visible economic
The Nazis used the Autobahn construction to provide jobs for thousands of unemployed workers during the Great Depression.
It was part of a broader policy of public works and rearmament to revive the German economy.
what was hitlers 4 aims for the economy
- reasonable standard of living
- rescources for rearnament
- autarky
- rescources for architectual projects
how did schacht deal with lack of ecnomic growth and spending
tax cuts and grants
what did schacts solution of tax cuts and grants do
cut taxes in farming
gave grants to:
- businesses to allow them to repay debts
-newly married couples to spend on furniture
- home owners to finance home improvement
how did schact deal with unemployment
job creation
what was unemployment at in 1932
5.6 million
how many jobs between 1933-34 did schact introduce
2.8 million
what was the reinhardt scheme
gov scheme
committed RM1,000 million to public works schemes
by 1936 due to schact, how much was unemployment at
1.6 mil
RAD schemes kept unemployment down without increasing what
number of jobs
how did schact deal with rearnment
mefo bills
what were mefo bills
a company that placed orders for miltary goods
this allowed gov to buy armaments and delay payments until late 30s
between 1933-39 how much money was spent on armaments
RM12 billion
whats balance of trade
germany was importing more goods than it was exporting
how did schact deal with balance of trade
important quotas
what were important quotas
imports had to be improved by the gov
by 1934 summer, there were import restrictions on…
wool, cotton, leather, fur and metals
german trade was back in balance by…
1935
which countries did germany have to develop trade with
peru
brazil
ecaudor
latvia
what was the guns/butter debate
armaments vs living standards
what did walter darre lobby for
greater grain imports to keep food prices down
schact refused this
the price of ham and pork rose by…
30%
which two nazis argued that rescourses should go to the military
blomberg and georing
what did hitler do in the short term to keep food prices low
authorised more food imports