Nazi Economic Miracle Flashcards
(9 cards)
What did the Nazi election campaigns promise?
-> Solve the unemployment problem in German caused by the depression
How many people in 1933 Germany were still out of work
-> 6 million Germans
How much did unemployment get better by
-> By 1939, the 6 million Germans had now turned below half a million
What did Nazi leaders say about the improvement in employment?
–> Nazi leaders called this an “economic miracle” due to Hitler’s leadership
Who was Hermann Goering
-> A first world war fighter pilot
-> In 1932 when the Nazi were the largest party, he was appointed president of Reichstag.
What was the result of Herman Goering’s appointment?
-> Economy grew and unemployment fell
-> Government investment rose from 4 billion marks in 1933 to 20+ billion marks by 1938
The Economic recovery was a miracle
What was the Newplan
–> 1935 more jobs available due to Hitler announcing that German would have a world class air force
–> Reduce unemployment (half a million) created work in related industries such as weapons
The Economic recovery was a miracle
What was the 4 Year Plan
–> Created a war economy to make Germany self -sufficient
–> consumer goods switched to synthetic material
The Economic revery was not a miracle
–> Jews forced from mnay professions and were replaced
–> Women encouraged to leave jobs for men
–> German economy near bankruptcy
–> Government debt doubled between 1939 and 1939
NOTE: 60 percent of debt was spent on rearmament!
