economic developments in the kaiser reich Flashcards
how did germany lesson the effects of the 1873-1876 great depression
earlier investment into railway building
what percent was agriculture in Germanys GDP before 1880
35-40
what percentage was agriculture of germanys GDP in 1914
25
what percentage was industry of germanys GDP in 1914
45
how much did german industry increase from 1890 to 1914
it tripled
what factors encourgaed industrial growth
population increase provided the market and workers
raw materials available in the ruhr , alcase and lorraine and saar and silesia
georgraphy - lots of rivers(for transport) and flat land meant building railway was easy
good education - elementary was the best in the world and munich uni had more scince grads then all of england
banks were free from state control and invested in research , trade and development
new cartels
bismarks tarrifs supported the development
how many new banks were founded in prussia in 1872
49
what was the increase in number of cartels
1875- 8
1887 - 70
1900- 300
1911-600
what was included in the new industries
chemicals
electricals
machinery
cars
comparison sizes of the german merchant navy
3x america
but only 1/4 of the british
where did germany have a monopoly at the start of the 20th centuary
chemical dyes
they produced more than 3/4 of the worlds supply
where did the electrically companies develop and why
rhineland because generators could be powered off of waste gas from the steel works
what did siemans lead the way in
making dynamos
what does weltpolitik mean
expansion of forigen policy
what percent of the population were employed in agriculture in 1907
35
4x as many as in britain