Germany : 100 Years Economy Flashcards
(52 cards)
How long was the Bismarck Period ?
1871 - 1890
How much did Electrical output increase by in what years ?
1890 - 1913 : 18% every year
What was the population increase from 1890 - 1910 ?
10m
When was Germany the biggest industry in Europe ? (k)
1900
In 1872 - 1914, What was Germany’s value of exports up by ?
£365m
How much of Europe’s Steel and Coal did Germany produce during Bismarck’s reign ?
2/3 Steel
1/2 Coal
How large was Germany’s electrical output during the Kaiserreich ?
20% more then Britain, France and Italy combined
When was the WW1 period ?
1914 - 1918
What did Walther Rathenua establish ?
1914 - War Raw Materials department, Organised industry to ensure it had enough materials for war
What important breakthrough did Rathenua make ?
1915 - Synthetics they couldn’t import, could manufacture nitrates for explosives
What Law did Hindenburg & Ludendorff create and what did it do ?
1916 - Auxiliary Service Law : Directed work of all men aged 17- 60
What years was the Weimar period ?
1918 - 33
How much war debt was inherited ?
140Bn marks
When was the Treaty of Versailles and what did it demand ?
1921 - DM 2m per year
What was the value of a $1 compared to a DM due to Hyper-inflation ?
1923 - $1 = DM 4.2Tn
When was the Wall Street Crash ?
1929
What year did industrial production reach pre-WW1 level ?
1927 - GNP grew significantly
What years was the Nazi period ?
1933 - 45
What happened to unemployment in 1934 ?
Halved
Name the most significant public works scheme in Nazi Germany.
RAD
By 1938, what % of Gov. expenditure was there on rearmament ?
44%
What were the synthetics called in Nazi Germany to boost self-sufficiency ?
Ersatz Materials (Substitutes) like oil, rubber and petrol
When did industry production peak ?
1944
What years was West Germany ?
1945 - 90