C15, Economic Polices Flashcards
Successes and weakness of Autobahns
S: Good Prop, many workers, physical signs of eco recovery
W: Underused
4 Ways in which Nazis tried to restart the economy from the depression
- tax concessions and grants
- subsides to private firms for increase of workers
- control wages
- Mefo bills
What was the ‘Battle for work’
Reducing unemployment
Loans and tax reliefs to private company’s to increase employment
1935 Reich Labour service
Unemployed men to do 6 months of farming or construction
1934 ‘New Plan’
Increase foreign trade
Schacht trade agreements with the Balkan’s and South America, through buying in Reichsmarks so they could buy German goods
Schacht use of mefo bills
Could borrow money without danger of inflation
Pay for rearmament
What was ‘the four year plan’
Controlled labour
Targets for priv companies
Hermann Goering steelworks
Reduced imports
What was the profit increase of I.G Farben (which helped administration)
71mil to 240mil
What was ‘economic autarky’
Embodied national pride
Propaganda to buy German Goods
Significance of ‘the peoples care’ (volkswagen)
Promoted strength and joy, car for all
Signified Hitler
Opposition to Economic Recovery
Not all capitalist business leaders on board- socialist programme
Evidence for limited economic recovery
Food shortages, rising prices and lower living standards
Reserved for foreign raw material for rearmament ext conflicted party goals
People working in rearmament better off than those producing consumer goods and they offered bonus’ to get around frozen wages
Unemployment rate from 1932 to 1936 + reasons
5.6mil to 1.6mil due to conscriptions and Bruning’s job creation scheme
Unemployment rate of 1928 and what this showed
1.4mil
Nazi did not get unemployment as low
How many miles of road was built from 1933
4000km
