Key Econ Stats Pt1 Flashcards

1
Q

How did currency reform impact German economy

A

Injected 762 million marks into economy

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2
Q

What % of GNP was industry in 1880s and how did it change to 1914

A

30-35% in the 80s

45% in 1914

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3
Q

Annual industrial growth under Bismark

A

4.5%

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4
Q

Ruhr coal output in 1850 and 1880

A

1850- 2 million tons

1880-22 million tons

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5
Q

Steel production change 1870-1890

A

Increased 700%

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6
Q

Change in railway network 1871-1890

A

Doubled in size

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7
Q

Interesting stat showing German scientific education

A

1870- more science graduates from Munich than all English universities

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8
Q

When were German banks deregulated

A

1872

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9
Q

How many new German banks formed under Bismark

A

49

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10
Q

How did corn tariff change

A

1879-1887 increased 5 fold

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11
Q

% of electrical trade controlled by Germany in 1913

A

50%

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12
Q

Change in electrical energy production in the Rhine

A

Increased 150% 1901-1915

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13
Q

What did Loewe do and when

A

1899- built factories with American mass production techniques

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14
Q

% of population in agriculture change 1880-1914

A

Went from 35% to 25%

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15
Q

Change in exports 1890-1914

A

More than tripled

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16
Q

Nobel prizes stat

A

Germans won 1/3rd of scientific nobel prizes 1909-14

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17
Q

Steel output 1914

A

18 million tons- more than Britain France and Russia combined

18
Q

German working day and pay compared to Britain WW1

A

Working day average 2 hours longer

1/3rd less pay

19
Q

Who founded the War Raw materials department

A

Walter Rahenau

20
Q

When and what were the auxillary service laws

A

Dec 1916

All males 17-60 to work for war effort if required

21
Q

How did German economy change during ww1

A

Shrunk 1/3rd

Industrial production down 40%

22
Q

National debt change 1913-1919

A

5 billion to 144 billion

23
Q

Change in value of mark over war

A

Fell to 20% of pre war value

24
Q

Change in merchant fleet end of ww1

A

90% of German merchant fleet surrendered

25
Q

Reparations cost

A

£6.6billion

26
Q

Price changes 1918-1919 and 1919-1920

A

Doubled 18-19

Quadrupled 19-20

27
Q

National debt in 1919 and 1922

A

144 billion 1919

469 billion 1922

28
Q

How many printers due to hyperinflation

A

2000 working 24/7

29
Q

Price of bread Nov 23

A

201 billion marks

30
Q

Exchange rate of Rentenmark

A

1 trillion to one

31
Q

How many companies went bankrupt between 1923-24

A

6000

32
Q

Weimar growth 1913-1929

A

6% annually

33
Q

Unemployment in 1924, 1926, 1928

A

24- 4.9%
26-10%
28-6.2%

34
Q

Peak of unemployment

A

1.3 million

35
Q

Growth of electrics in berlin

A

5% of homes had electricity on 1914

50% in 1930

36
Q

Change in blast furnaces

A

Tripled

37
Q

GDP per capita change 1913-1929

A

13% higher in 1929 than 1913

38
Q

Inflation below 0 in what year

A

1926

39
Q

How many unemployed winter 1928-29

A

2 million

40
Q

Budget deficit in 1929

A

17 billion marks

41
Q

Value of German exports change 1929-32

A

£630 billion to £280 billion

42
Q

What collapsed in 1931

A

Danatbank- Germanys largest bank