1.2a To what extent did the GDR's economy stabilise after 1961? Flashcards

1
Q

What was the key aim of the NES?

A

More decision making at lower levels

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Why was the NES able to be put in place?

A

Due to the security of the wall along with USSR recognition to economically push on

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What industry was the focus of the NES?

A

Scientific advancements to create more jobs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What was the main strength of the NES?

A

Reinvestment was done using extra profits

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What was the focus of consumer goods under the NES?

A

Quantity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What was the downfall of the NES?

A

A lack of resources

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Why was the NES sabotaged by Soviet supporters?

A

It was a compromise on Socialism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Why did the increase in jobs and wages from the NES not effect the lives of GDR citizens?

A

There were not enough consumer goods to buy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What was the effect of ESS on consumer goods?

A

Increased quality

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How did the ESS promote key industries?

A

Restored some subsidies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What was the effect of the ESS on equality?

A

Wages differentiated hugely

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What was the key success of the ESS?

A

Progress was made rebuilding urban areas like Dresden and Leipzig

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What was the key downfall of the ESS?

A

Ulbricht claimed that the GDR needed to overtake the FRG

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

How large was the loan that the GDR took out?

A

2 billion DM

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What was done with the loan taken out by the GDR?

A

Put in banks rather than being invested back into industry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Why did the GDR put the loan into banks?

A

To try to seem a credible investment for other countries

17
Q

What effect (statistically) did selling spare fuel to the USSR have on the GDR’s imports and exports?

A

Imports: fell by 30%
Exports: increased by 9.1%

18
Q

What percentage of the GDR’s trade was with COMECON countries?

A

76%

19
Q

What crisis did COMECON protect the GDR from?

A

OPEC oil crisis

20
Q

What was the GDR’s accolade within COMECON?

A

The most sophisticated economy with the highest living standards

21
Q

What was the key policy within ‘Consumer Socialism’?

A

‘Unity of Social and Economic policy’

22
Q

What was the ‘Unity of Social and Economic policy’?

A

The idea that a happier workforce would be more efficient

23
Q

When and why was the ‘Unity of Social and Economic policy’ reversed?

A

1976

Small businesses were nationalised

24
Q

What 2 things happened as a result of the reversing of the ‘Unity of Social and Economic policy’?

A

Lost 500,000 workers

Lost 11% of production

25
Q

What was the main negative of the ‘Unity of Social and Economic policy’?

A

The inferior quality of consumer goods

26
Q

What 2 things were the failings of the ‘Unity of Social and Economic policy’blamed on?

A

The division of Germany

USSR reparations