Economic protectionism Flashcards
1
Q
What did Bismarck support in the 1870s?
A
free trade
2
Q
why was German agriculture suffering in the 1870s?
A
bad harvests and the importation of cheap wheat
3
Q
who would support Bismarck if he introduced tarrifs?
A
Land owners and industrialists
4
Q
which party did Bismarck want to break free from?
A
the national liberals
5
Q
when did Bismarck introduce the tariff act?
A
1879
6
Q
victory over who stimulated the economy
A
France in the Franco Prussian war
7
Q
which payments to Germany after the war helped cause economic boom?
A
the French indemnity payments
8
Q
what did the indemnity payments provide?
A
capital for new railways and industries such as electricity.
9
Q
when did coal productivity soar?
A
1871 to 1890
10
Q
what did steel production increase by?
A
700%
11
Q
what doubled in size?
A
the railway network
