The Nazi Economy 1933-39 Flashcards
(25 cards)
Who did Hitler appoint to mastermind the “Battle for Work” ?
Hjalmar Schact
What did the Nazis call their campaign against unemployment ?
“Battle for work”
What was so strange about Hitler’s appointment appointment of Hjalmar Schact ?
He had great power yet wasn’t a Nazi
When was Hjalmar Schact appointed chief of Germnay’s national bank ?
1933
When was Hjalmar Schact appointed Minister of Economics ?
1934
How many Germans were unemployed when Hitler came to power ?
7 Million + (realistically) but the official statistics were 6 Million
What was the unemployment by 1936 ?
2.5 Million
What was the unemployment in 1939 ?
302,000
What lead to the fall in unemployment ?
- “Natural” recovery - recovery after the Great Depression
- “Autobahnen” - new highways were created ( however lower-profile schemes such as house building were more successful )
- Re-armament
- Many people were not counted
How was re-armament kept to a low profile ?
They payed manufacturers with “Mefo-Bills” ( cheques basically )
Who were not counted in unemployment statistics ?
Jews
Women
Some young because of reach Labour service
Many were forced to join the army instead to ready for war
What was Schacts’ New Plan ?
To reduce the trade deficit Germany had created he made it so you couldn’t import unless you had approval from ministry of economics
When was Schacts’ New plan ?
1934
What was the effect of the New Plan ?
Food shortages
What evidence is there to suggest an economic revival after 1933 ?
Unemployment went down
What evidence is there to undermine the idea of an economic revival after 1933 ?
Unemployment mainly went down due to Natural recovery
Badly paid
Heavily taxed
Long hours which some elderly couldn’t cope with
Not as well-off as they were in 1920’s
How many hours were extended to the working day in 1939 ?
4
How many hours did people work a week in 1944 ?
60 hours
What was “autarky” ?
Hitlers aim to be self-sufficient during the war
What economic plan was introduced to achieve autarky ?
The four-year plan
When was the four year plan ?
1936-40
Who was in charge of the four year plan ?
Hermann Goering
What was done in the four year plan to help achieve autarky ?
Encouraging agriculture to take off by caring for it
Encouraging industries to only use home based raw materials
Develop alternative raw materials to develop fuel
Training workers to sustain it
Was The four year plan a success ?
No
