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history germany > nazi economy fc > Flashcards

nazi economy fc Flashcards

1
Q

what were the 3 problems with German economy the hitler became chancellor

A

international debt / agricultural stagnation / industrial employment

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2
Q

period 1933-36 was?

A

economic recovery

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3
Q

four year plan dates

A

1936-39

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4
Q

blitzkrieg dates

A

1939-40

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5
Q

total war dates

A

1941-45

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6
Q

quote on hitler’s economic policy

A

‘no single unified economic system prevails throughout nazi regime’
–>evolved out of situation over careful planning due to contrasting ideas

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7
Q

explain quote

A

-anti capitalist 25 point plan contrasts to autarky and deficit training

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8
Q

unemployment in 1932

A

8 million

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9
Q

how many major banks collapsed in 1931

A

5

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10
Q

what were Hjalmer’s Schact’s actions ?

A

work creation schemes e.g. reforestation

-Law to reduce unemployment - public spending up 70%

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11
Q

success I schact unemployment 1932-36

A

5.6 million –> 1.6 million

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12
Q

criticism of schact

A

-even thought German economy appear to prosper coincide w/ natural upturn in business cycle after low point winter 1932

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13
Q

criticism of schact

A

-even thought German economy appear to prosper coincide w/ natural upturn in business cycle after low point winter 1932
BUT - policy played a roel

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14
Q

2 fears after economic recovery

A
  • rapid increase in demand == inflation

- balance of trade deficit (imports > exports)

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15
Q

may 1933 ? aided what

A

abolition trade unions

–> inflation never materialised

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16
Q

what was issue new plan had to solve

A

1934 need to balance payments BUT big business demand raw material for rearmament

17
Q

September 1934 New Plan – did what ?

A

control of trade + tariff

  • -> metals allowed but wool cut
  • mefo bills disguised gov spending
18
Q

new plan - also gaining control over territory before military + political

A

-bilateral trade agrmts. w/ balkans ensure control before military

19
Q

success of schact by 1936

A

unemployment at 1.5 million + industrial production up 60%

20
Q

downside to schact success

A

disguise fundamental structural issues - unearth late 1936

21
Q

what’s the Guns or Butter argument ?

A

-to balance budget –> rearmament or food

22
Q

hitler 2 main aims 1936

A
  • armed forces operational in 4 years

- economy fit for war

23
Q

main aims of Goerring’s 4 Year Plan

A

-rearmament + autarky

24
Q

4 year plan DAF

A

trade unions abolished - bosses no longer sack on spot

-no bargaining for higher wages

25
Q

success of 4 year plan ? why misleading

A

6 million unemployed to 0.3
BUT
-women no longer included

26
Q

overall opinion on 4 year plan

A

succeeded in reliance on foreign imports did not increase BUT Germany reliant on foreign for 1/3 raw materials

27
Q

stats for success in blitzkrieg 1939-41

A

military expenditure doubles - 55% workforce in war projects

28
Q

unsuccessful in blitzkrieg

A

-efficiency + poor coordination = limits production

29
Q

example of rearmament program under 4 year plan

A

autobahns

30
Q

example of Speers success in power as rearmament 1942

A

ammunition production rose 97%

31
Q

however unsucccess of Speer rearmament 1942

A

failed to counter local level party gauleioterw = conquered lands not exploited economically - could have reached US and Britain levels

32
Q

who put in place new plan

A

schact

33
Q

what had schact done

A

hidden balance of payments problem - goering takes over for rearmament 1936

34
Q

when did schact resign

A

1937

35
Q

what was Speer made in 1942

A

minister of armaments

36
Q

factual evidence for unsuccessful of Speer

A

German arms production peaked 1944 below full potential

history germany (42 decks)

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