Breadth Study 1 - Economy Flashcards
How much of European steel did Germany produce in 1914?
2/3
How much of European coal did Germany produce in 1914?
1/2
How much more electrical energy did Germany produce than Britain?
20%
What are some examples of German Geography being impactful on the economy?
Masses of iron ore in Alsace Lorraine
Huge coalfields in Ruhr
Lots of potassium salts and coal
Lots of rivers and canals
Why did national liberals support growth of railways?
Ability to transport good
Between 1845 - 1870 how much did the railways grow by?
From 3280 kms to 19375 kms
How did the development of steam engines boost Germanys economy?
Coal mining became more profitable
How did large banks boost the German economy in early stages?
Encouraged investment
How much did exports increase by in 1845 - 1860?
70%
What were Germanys main exports in 1800s?
Coal and iron
When did railways reach their peak?
1873
When was the depression before the 1900s?
1875 - 1890
What did electrical output grow by through 1890 - 1913?
18% per annum
What are the key electrical firms in Germany?
AEG, Siemens, Halske
What did the population grow by between 1890 to 1910?
50 million to 60 million