Nazi economy Flashcards

1
Q

3 main methods of economic recovery

A
  1. Reich labour service
  2. Cutting taxes on small businesses, families, hevay industry
  3. New plan 1934
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2
Q

How much was invested in the Reich labour service

A

1 billion

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3
Q

How much did the labour service decease unemployment

A

1932-36 5 million–> 2 million

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4
Q

Drawback of the reich labour service

A

Expensive
increase debt
harder to fulfil rearmamanet

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5
Q

Positive and negative impacts of cutting taxes to help recovery

A

Stimulated economy by giving more spending money
- production rose
wages rose 7%

Increased imports
Balance of trade crisis

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6
Q

When was the New plan and what was it?

A

1934
Protectionist policies eg import quotas

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7
Q

Impact of the new plan

A

Solves balance of trade crisis

Very expensive as more arms spending
Standard of living lowered

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8
Q

What was the 4 year plan

A

Top priorities = Rearmament, autarky in food/ industrial production
to prepare for war

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9
Q

successes of the 4 year plan (3)

A

Coal/ steel production increased

Self-sufficient in bread, sugar, potatoes

Increased production of ersatz by 500%

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10
Q

Failures of 4 year plan (5)

A

Domestic steel production more expensive than imported steel
Mopre efficient to import

Creatong ersatz rubber expensive and required more miners than Germany had

Only produced 20% of artificial oil required 1939

aircraft production decreased 1st year as Goering refused to use assembly lines

Couldnt deliver amount of steel commanded by military

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11
Q

How many holidays did KdF provide

A

10 million

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12
Q

women living standards

A

-increased maternity benefits
-1933 law for reduction of unemployment- marriage loans for women who gave up their jobs

war: more work opportunities due to labour shortage
BUT 1/2 mans wage, forced into prostitution

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13
Q

Industrialists living standards

A

-benefitted from no trade unions- low wages, high hpours
-Gov contracts to produce military equiptment
-some helped develop nazi policie eg chemical companies

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14
Q

Industrial workers living standards (4)

A

X No trade unions- working hours increased, pay decreased

X Nazi Trade union couldnt negotiate

X Pay didnt reach pre-depression levels

X Better off in weiamr

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15
Q

Farmers living standrads

A

Reforms to protect farmers
- Price controls
-Family farms couldn’t be bought by big landowners

-Price controls reduced profits

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16
Q

Why did the Nazis have impossible war plans?

A
  • not rich enough to suppory schemes
    -Targets for arms production impossible

-SHortage of skilled labour meant couldnt easily exract foreign resources

INvasion plans relied on economic sucess

17
Q

How did the nazis have administrative chaos in the war

A

4 centres of economic power- little coordination, fought over resources

Tensions undermined efficiency

No standardization

18
Q

How did Speer fix the problem of administrative chaos

A

Central planning board

19
Q

Successes in Albert Speers rationalization (3)

A

Within 6 months, ammunition production increased 97%
Arms production increased 60%

3 shift day = more productivity

by 1944 producing more aircraft than UK