Economy by 1939 Flashcards

1
Q

How did industrial elites feel about the Nazis

A

Many welcomed the Nazi takeover

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2
Q

How were some early Nazi policies beneficial for industrial elites

A

Banning Labour Unions
Political stability
Economic revival

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3
Q

Why did the industrial elites later have displeasure

A

There was an increase to state intervention

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4
Q

What was I G Farben

A

German chemical and pharmaceutical conglomerate- collection of lots of mini organisations

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5
Q

How did I G Farben play a role in the 4 year plan

A

Had a key role in administration, aided in rearmament and provided synthetic materials

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6
Q

How did I G Farben benefit from the 4 year plan

A

They went from 71 to 240 million Reichsmarks

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7
Q

What chemical did I G Farben create

A

Zyklon B, the one used in concentration camps

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8
Q

Why were I G Farben allowed to trade abroad

A

As they removed all Jewish employees

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9
Q

How many scientists won Nobel prizes for their work on zyklon B

A

3 as it was a pesticide first, the gut who created it was also Jewish

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10
Q

How much did big businesses wages increase by

A

20%

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11
Q

What happened to the wages of those not in big businesses

A

Despite attempts to hold money down, their wages did increase

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12
Q

What happened to real wages

A

They did not increase

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13
Q

What happened to the price of luxury goods

A

They increased so people still could not afford them

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14
Q

The job creation schemes under the Nazis were based off of what

A

Policies introduced by Bruning in the early 1930x

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15
Q

What was reintroduced in 1935 that helped reduce unemployment

A

Conscription

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