Economic Policies Flashcards
Who was the Minister of economics during the Nazi economic policies?
Hialmar Schacht
The Minister of economics was Hialmar Schacht.
What was the main challenge faced by Hialmar Schacht?
Dealing with a weak economy and 6 million unemployed
He had to deal with a weak economy and 6 million unemployed.
What did Schacht do to boost the economy?
Increased government spending
Schacht increased government spending to boost the economy.
What were some of the jobs creation schemes implemented?
- Autobahn Building Schemes
- Planting trees
- Olympics stadiums (1936)
- Hospitals and schools
There was a number of jobs creation schemes: 1. Autobahn Building Schemes 2. Planting trees 3. They held the Olympics which meant they had to build stadiums (1936) 4. They built a mass amount of hospitals and schools.
What was the impact of finding work on supporting Hitler?
Those who found work were likely to support Hitler
Those who found work were likely to support Hitler.