Hitler Economic Policies Flashcards
(13 cards)
Rearmament
Conscription
Public Works
Taxes
Trade Unions
State Control
state contracts - IG Farben and Krupp
state run businesses - Hermann Goering Steelworks
investment in synthetic materials
Industry Resistance
Autarky
reliant on imports
Unemployment figures
Long term sustainability?
state driven
New Plan
Mefo Bills
Consumerism
Four Year Plan
Eval
In context to his aims - short term stability, prepare for war, ideological aims, long term sustainability
Failed
- not sustainable due to their heavy reliance on rearmament, which was a state driven outcome rather than an organic, market led growth
- issue of guns before butter - they neglected consumer goods and standards of living - can compare to Stalin during the five year plans and industrialisation
- Shortage of foreign currency - told Goering in his 4 year plan that he should focus on Autarky and the substitution of materials but then failed bc they still had to import materials