2) The Nazi Economy 2: Schacht's New Plan Flashcards
0
Q
What did Schacht sign?
A
Bilateral trade agreements
1
Q
When was Schacht’s new plan introduced
A
September 1934
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
3
Q
Why was Schacht crucial?
A
He was crucial in building an economic base for the Nazi state