Economic Change In Germany Flashcards

1
Q

What are the factors you will use for the general economic change of Germany?

A

1) Kaiser Reich (1871-1918)
2) Weimar Germany (1918-1933)
3) Nazi Germany (1933-1945)
4) West Germany (1945-1990)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

From 1845 to 1870 the Germany railway network grew by how much?

(Kaiser Reich)

A

Grew by six times from 3280km to 19,575 km of track

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Electrical output for example increase by how much every year from 1890 to 1913?

(Kaiser Reich)

A

18% every year

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

In 1883 later known as AEG was one of the first major industrial companies that focused on what?

(Kaiser Reich)

A

Electricity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Workers in the construction industry increased by how much and Germany’s industrial growth outstripped of the European nations like France who was unable to reach the help of Britain and the USA?

(Kaiser Reich)

A

1m

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What was Germany’s industry essentially concentrated into?

Kaiser Reich

A

Several massive cartels

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Germany’s population also increased from what in 1890 to what in 1910?

(Kaiser Reich)

A

50m to 60m. Large labour market for Germany’s products and consumer goods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

The new Weimar Government inherited how many marks of war debt?

(Weimar Germany)

A

140,000 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Because of hyperinflation by 1923 how much was the dollar equal to in DM because the value of the marks was so worthless?

(Weimar Germany)

A

$1=DM4.2 trillion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How much is it to buy a loaf of bread in the 1920s Germany?

Weimar Germany

A

DM9million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

In 1924 which Chancellor introduced a new currency with the help of Schacht?

(Weimar Germany)

A

Chancellor Stresemann introduced the currency called Rentenmark which stabilised the economy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

By what year had industrial production reach pre-World War I levels?

(Weimar Germany)

A

1927

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Wall Street crash October 1929 Germany industry hard. The country suffered more compare to which other countries?

(Weimar Germany)

A

The country suffered more compared to France and Italy because there was more industry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

 By 1939 the building and metal industries had expanded by that much that this led to what?

(Nazi Germany)

A

Actually a labour shortage

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Name some of the reasons for why economic improvement occurred in the 1930s?

(Nazi Germany)

A

Road construction and the German car industry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

From 1936 what did the Four-Year plan focus on and by 1938 what % of government expenditure focused on this?

(Nazi Germany)

A

German industry and armaments production. 44% government expenditure on rearmament

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What was Albert Speer’s impact on the war?

Nazi Germany

A

From 1942 managed to extend the war by 1yrs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Jones industry began to re-develop with help from US Marshal plan aid and which economics minister?

(West Germany)

A

Erhard

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What boosted German industry because the US Army involved required goods that Germany excelled at producing?

(West Germany)

A

The Korean War (1950-53)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

By how much did West Germany GNP increase by during the 1850s as a result of the economy adapting to the changing environment in Europe?

(West Germany)

A

Trebled

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

As the economy modernised and 1980s there was a move to what all of which were highly skilled areas of the new industry?

(West Germany)

A

Consulting, advertising and research

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

What are the other factors for the economic change questions?

A

Mass unemployment, post war economic miracle, protectionism, building of a large army, Nazi policies, the impact of Marshall aid, joining the EEC/common agricultural policy (post 1956)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

The Great depression began in October 1929 and led to US investors losing how much in a month?

(Mass Unemployment)

A

$40,000 million in a month

24
Q

In June 1930 RM1000 million was withdrawn from Germany and what else?

(Mass Unemployment)

A

Three major banks collapsed

25
Q

Factories closed and unemployment rose to a peak of what in 1932?

 (Mass Unemployment)

A

6 million

26
Q

What percentage of Germany’s workforce was unemployed due to the depression?

(Mass Unemployment)

A

40%

27
Q

By 1932 the SA had grown from what to what and the Reichsbanner had 1 million men, joining radical groups because of this mass unemployment?

(Mass Unemployment)

A

100,000 to 400,000

28
Q

What inevitably lead to the Nazis take over and the destruction of Weimar democracy from 1933?

(Mass Unemployment)

A

Inability of the Weimar governments to deal with economic strife combined with the superb leadership of Hitler

29
Q

In 1873 the Germany government collapsed and how many companies went bankrupt?

(Protectionism 1870s)

A

150 companies

30
Q

German wheat prices collapsed and smaller farms faced bankruptcy what was the solution that was proposed by industrialists and Junkers?

(Protectionism 1870s)

A

Greater protectionism

31
Q

In 1876 a bill to set tariffs on pig island was defeated in the Reichstag but Bismarck was determined to pursue what?

(Protectionism 1870s)

A

Policy on tariffs

32
Q

How could tariffs benefit Junkers?

 (Protectionism 1870s)

A

Who protect agriculture by maintaining the web for farms raise revenue for the struggle in German economy

33
Q

In what year does the Reichstag pass the protective tariffs law?

(Protectionism 1870s)

A

1879

34
Q

By 1963 West Germany was the strongest…

Post war ‘economic miracle’

A

…economic power in Europe and the third biggest economy in the world

35
Q

The Korean War boosted production for the US Army and a global economic boom from 1951 enhance the demand for what?

(Post war ‘economic miracle’)

A

West German products

36
Q

How many refugees from East Germany also help the boom because they’re young and willing to work?

(Post war ‘economic miracle’)

A

3.6million 

37
Q

But what year did west Germany nearly have full employment and the demand for labour meant it was difficult to restrict wage increases?

(Post war ‘economic miracle’)

A

1958

38
Q

What was Kaiser Wilhelm II obsessed with?

Building of a large navy

A

Transform Germany into a dominant world power and gain his ‘place in the Sun’ by gaining colonies in Africa

39
Q

What was the Kaiser keen to build?

Building of a large navy

A

Large navy to unite the middle class to him and the Junkers who supported the Kaiser

40
Q

In 1898 Tirpitz introduced a bill to create how many ships over how many years?

(Building of a large navy)

A

17 ships 7 years

41
Q

By 1914 Germany’s navy had increased in size by how much?

Building of a large navy

A

Had doubled the size of its navy and had the second largest navy after Britain

42
Q

There were more naval bills in 1906, 1908 and 1912 what does this suggest?

(Building of a large navy)

A

Not only added more ships to the Navy but ensured the Germany’s navy led the world in terms of technology

43
Q

Despite the kaisers bold claims as the unifying power of the Navy what did he fail to do?

(Building of a large Navy)

A

Win over the SPD who later becomes that largest party in the Reichstag in 1912

44
Q

 Who played a key role in Nazi economic policy who was appointed president of the Reichsbank and also Reich Minister of economics?

(Nazi policies)

A

Schacht 

45
Q

The Reichsbank issued RM12,000 million worth of Mefo Bills to German industry and they financed what % of arms expenditure from 1934-36?

(Nazi policies)

A

50%

46
Q

What was the primary aim of the German economy from 1933-36?

(Nazi policies)

A

Overcome the problems of the Great Depression and increase employment

47
Q

Why did Schacht resign?

Nazi policies

A

Because he believed the economy was focusing too much on rearmament and not enough on consumer goods

48
Q

Overall judgment on Nazi Policies?

A

Saw major focus on rearmament but the inefficiencies were never solved

49
Q

How much money had the Marshall Plan provided for Western European countries including West Germany?

(The impact of Marshall Aid)

A

$17billion

50
Q

How much of this $17billion did West Germany receive?

The impact of Marshall Aid

A

$2.7billion during the 1940s and 1950s to support and redevelop her economy

51
Q

What % of import were paid for by the Marshall plan?

The impact of Marshall Aid

A

37% of West Germany’s import and much of the money improved railways, steel and electrical industries

52
Q

What diplomatic impact did the Marshall plan have on Western countries?

(The impact of Marshall Aid)

A

Huge political impact because it led to greater cooperation between the Western European nations

53
Q

What have the Marshall Plan essentially done for Western Germany as a nation itself?

(The impact of Marshall Aid)

A

Helped West Germany to be accepted as a new nation on the international scene, out of the ashes of the militaristic Nazi Germany

54
Q

What was Konrad Adenauer convinced relating to future relationships with European nations and USA?

(Joining the EEC)

A

That Germany’s economic future was linked to the USA and greater integration with other European nations

55
Q

What was France wary of in West Germany which led to a stronger relationship between the two?

(Joining the EEC)

A

Economically strong Germany and favoured closer ties

56
Q

Germanys industrial products were in high demand. What % of German exports went to EEC?

(Joining the EEC)

A

1981, 45% of exports went to EEC

57
Q

What helped to improve the stability of member states that was introduced by the EEC?

(Joining the EEC)

A

1962, Common Agricultural Policy tried to reduce competition