Nazi Economy Flashcards

(33 cards)

1
Q

What year did the Nazi Party come to power in Germany?

A

1933

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2
Q

True or False: The Nazi economy focused on military rearmament.

A

True

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3
Q

Fill in the blank: The economic policy implemented by the Nazis to reduce unemployment was known as __________.

A

Autarky

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4
Q

What was the primary goal of the Four Year Plan initiated in 1936?

A

To prepare the economy for war

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5
Q

Which program did the Nazis use to create jobs through large construction projects?

A

The Reichsarbeitsdienst (RAD)

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6
Q

What was the unemployment rate in Germany in 1932 before the Nazis came to power?

A

Around 30%

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7
Q

Multiple Choice: Which of the following was NOT a focus of the Nazi economic policy? A) Infrastructure B) Education C) Civil Liberties

A

C) Civil Liberties

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8
Q

What was the impact of the Nazi regime’s economic policies on the standard of living for the average German citizen?

A

It improved for many, but at the cost of individual freedoms.

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9
Q

True or False: The Nazi regime encouraged the use of foreign labor to support its economy.

A

False

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10
Q

Fill in the blank: The Nazis aimed for Germany to be economically self-sufficient, a concept known as __________.

A

Lebensraum

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11
Q

What was one major consequence of the Nazi rearmament policy on the economy?

A

Increased military spending led to a temporary economic recovery.

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12
Q

Short Answer: How did the Nazis control prices and wages in the economy?

A

Through state intervention and regulation.

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13
Q

Multiple Choice: Which sector saw significant growth due to Nazi policies? A) Agriculture B) Technology C) All of the above

A

C) All of the above

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14
Q

What was the primary source of funding for Nazi public works projects?

A

Government borrowing and deficit spending.

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15
Q

True or False: The Nazi economy was characterized by free market principles.

A

False

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16
Q

When did Hitler implement conscription?

17
Q

How much did the military increase by in Germany?

A

1933 10000
1939 140000

18
Q

By how much did unemployment go down

A

6 million 1933
1.6 mil 1936

19
Q

What did Hitler do to reduce unemployment

A

Added projects such as the autobahn to give people jobs

20
Q

How much money did they spend on rearmament

A

1929 0.8
1940 53

21
Q

What autocratic policies were implemented

A

Ersatz goods e.g buna to replace rubber inports

22
Q

What autocratic policies were implemented?

A

Ersatz goods e.g buna to replace rubber imports

24
Q

When was conscription introduced?

25
Early economic policies
Reinflate economy via gov spending -public works -subsidies to priv firms -Rearmament orders
26
What were subsidies used for
Hiring more workers in private sectors,domestic servants
27
Which groups were pressurised out of employment
Married women and Jews
28
What took the youth of the Unemployment registers
The youth sevice( 400000 in 1935)
29
When did they end payment for reperations
1933
30
Issues with the economy
Budget deficit due to Schacht deficit spending and balance of trade problem
31
By 1939 what did Germany still depend on
1/3 foreign imports( raw materials)
32
Proof of Goerings stress on rearmament
34-42(0.7-159) billion Military expenditure
33
What were the successes of Economic policy?
Restored employment-made him popular Recovery from depression Autarky however not achieved Eco growth above average Economic policy geared for war and ultimately failed