1871-1890 economy Flashcards
Geography
- Raw materials
- Flat land
- Rivers
German rivers
Rhine and Danube
Where was coal and iron located
Coal in the Ruhr, Iron and potash in Alsace Lorraine
Population
41 million in 1871 – grew to 49.7 million by 1891
Education (government)
- School overtook church supervision
- 1871, more science grads from Munich than England all together
Banks
– Free from state control, invested in industrial research, trade and development
-49 banks founded in Prussia
Cartels
5 biggest dyestuff companies were responsible for 90% of total output by 1911.
-Only possible from looser gov. law
No. Cartels by 1911
600 cartels by 1911, doubled since 1900
No. Cartels 1875-1887
Increased eightfold
Policy
- Currency reform 1871 (762 million marks into the economy)
- Unification - domestic free trade
- Bismarck’s tariffs - grain and livestock
New industry (1913)
By 1913, 90% of dyes for British army uniforms were supplied by German dye companies
-£11 million electrical exports, £8 million US+UK Combined