Nazi Germany economy Flashcards
(28 cards)
Who was in charge of the first four year plan?
Schacht
Aim of the first four year plan?
Economic recovery
How much did Schacht reduce unemployment by?
From 8 million to 1.5 million.
What schemes got people back into work in NG?
-RAD (Reich Labour Service) schemes- work and set up basic accommodation and food for these people.
-Road Building schemes- saw 84,000 employees 1933-36
Limits on how far unemployment was solved by Schacht
Jews and women not counted in unemployment statistics; innacurate.
Evidence of improved conditions for farmers in NG?
Produce produced by German farmers went from 68% in 1928 to 80% in 1934.
Which law supported small businesses in NG?
Law for Production of Retail Trade- stopped the building and expansion of department stores; in 1934, some were making 80% less than they had in 1928
How much did farmers’ wages increase by in NG
41%
How much did wages increase by?
1% per year
What policy did Schacht disagree with?
Kristallnacht; saw the benefit in Jewish businesses.
Who was in charge of the 2nd Four Year Plan?
Goering
What was the 2nd Four Year Plan’s main aim?
Autarky; targeting unemployment and agriculture.
Creating a command economy
Evidence of autarky: Ersatz products?
Buna= Ersatz rubber
Ersatzbrot= Ersatz bread
Evidence of autarky in terms of imports?
By 1939- Germany importing 17% of agricultural products vs 20% 1934
What tripled between 1928-38?
Jam consumption
In which industry were production targets exceeded in NG
Coal and explosives; rearmament successful without pushing prices up.
Output of what reduced massively in NG
Oil
What proportion of raw materials were Germany still reliant on foreign countries for in NG
1/3
What was the Guns or Butter debate?
Inability to reconcile need for rearmament and peoples’ need for food; increased teaching of how to spend less and less consumption propagated as being patriotic.
Who was in charge of Germany’s war economy?
Speer
How much of the workforce was relate in war related projects by 1941?
55%
How much did ammunition production increase by when Speer was put in charge?
97%
Who did Speer use to increase his workforce?
Women and concentration camp prisoners.
Evidence that productivity increased throughout the war
In the second half of 1944, there had been a threefold increase in German war production since 1942.