1871-1890 economy Flashcards

1
Q

Geography

A
  • Raw materials
  • Flat land
  • Rivers
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2
Q

German rivers

A

Rhine and Danube

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3
Q

Where was coal and iron located

A

Coal in the Ruhr, Iron and potash in Alsace Lorraine

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4
Q

Population

A

41 million in 1871 – grew to 49.7 million by 1891

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5
Q

Education (government)

A
  • School overtook church supervision

- 1871, more science grads from Munich than England all together

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6
Q

Banks

A

– Free from state control, invested in industrial research, trade and development
-49 banks founded in Prussia

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7
Q

Cartels

A

5 biggest dyestuff companies were responsible for 90% of total output by 1911.
-Only possible from looser gov. law

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8
Q

No. Cartels by 1911

A

600 cartels by 1911, doubled since 1900

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9
Q

No. Cartels 1875-1887

A

Increased eightfold

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10
Q

Policy

A
  • Currency reform 1871 (762 million marks into the economy)
  • Unification - domestic free trade
  • Bismarck’s tariffs - grain and livestock
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11
Q

New industry (1913)

A

By 1913, 90% of dyes for British army uniforms were supplied by German dye companies
-£11 million electrical exports, £8 million US+UK Combined

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