NAZI ECONOMICS Flashcards
(18 cards)
Sparkly
Unicorns
Attack
Many
Nuns
Whilst
Praying
Privately
Schacht
Unemployment/battle for work
Autobahns
Mefo Bills
New Plan
War economy / autarky
Profit
Propaganda
Unemployment dates
1933 6 mil
1935 2 mil
1939 too many jobs
Hitlers 3 aims
- recover from depression
- boost nazi popularity
- War ready
Why were unemployment stays innacurate in 1936
Jews and women not represented
1.5 in total Richard Evans not counted
AUTOBAHNS
What?
Motorway building schemes
AUTOBAHNS
described as what by who
Richard evans - the most durable propaganda exercise
AUTOBAHNS
pros
Richard evans - the most durable propaganda exercise
visible success
AUTOBAHNS
cons
only 125,000 jobs at peak
stopped 1942 - few germans owned cars
MEFO BILLS
what?
Promise to rearmament companies to produce weapons and they will get paid later with interest
MEFO BILLS
Pros
worked and helped remain secret
NEW PLAN 1934
What?
trade
1. Schact limits what German imports (raw materials) to stop overflow of spending
2. Trade deals saying one Reichmarks allowed (running out of foreign currency)
profit
WAR ECONOMY / AUTARKY
What
Hitlers aim to rearm in 4 years
Caused food shortages because weapons prioritised
‘guns v butter’
WAR ECONOMY / AUTARKY
Debate
war v butter
WAR ECONOMY / AUTARKY
Result
Schact fired (disagreed about starvation)
GOERING
Goals
- 4 year plan / autarky
- promote only eating and buying German products ‘patriotic’
GOERING
Pros 2
Thyssen and Hugenberg profits
Overall support
GOERING
Cons
Ruhr disapproved of German steel. Bad quality and cheap. Foreign cheap and better
SCHACT
3 additional policies
- Subsidies (money to employers to take on employees)
- Lebensraum - living space
- Emergency labour service and later conscription