2) The Nazi Economy 2: Schacht's New Plan Flashcards

0
Q

What did Schacht sign?

A

Bilateral trade agreements

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1
Q

When was Schacht’s new plan introduced

A

September 1934

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2
Q

What did Germany agree to purchase?

A

Raw materials from countries in South America on the condition that the marks could only be used to buy back German goods

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3
Q

Why was Schacht crucial?

A

He was crucial in building an economic base for the Nazi state

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