Economic Recovery Flashcards
Describe invisible unemployment.
> unemployment was said to have fallen dramatically from 6 million in 1933 to 350,000 in 1935.
> however the figures were misleading as did not include Jews and women dismissed from their posts of nazi political opponents held in concentration camps.
How did the Nazi government reward the workforce?
> KdF rewarded workers by improving leisure time by subsidising cultural events and leisure activities
> the beauty of work organisation aimed to improve working conditions by building canteens and sports facilities
> the Volkswagen allowed workers to save 5 marks a week to buy their own car.
How did the nazi party control the workforce?
> in 1933 trade unions were banned and strikes made illegal, replacing them with the DAF
> strictly regulated hours and pay
What were the Nazi policies for the economy?
> the National Labour Service Corps
> public works schemes
> rearmament
> the control of the economy ( deficit spending, autarky)
> invisible unemployment
> controlling the workforce
> rewarding the workforce
What were mefo bills?
> credit notes issued by the Reichbank and backed by the government that were used to fund rearmament
