Economy by 1939 Flashcards
How did industrial elites feel about the Nazis
Many welcomed the Nazi takeover
How were some early Nazi policies beneficial for industrial elites
Banning Labour Unions
Political stability
Economic revival
Why did the industrial elites later have displeasure
There was an increase to state intervention
What was I G Farben
German chemical and pharmaceutical conglomerate- collection of lots of mini organisations
How did I G Farben play a role in the 4 year plan
Had a key role in administration, aided in rearmament and provided synthetic materials
How did I G Farben benefit from the 4 year plan
They went from 71 to 240 million Reichsmarks
What chemical did I G Farben create
Zyklon B, the one used in concentration camps
Why were I G Farben allowed to trade abroad
As they removed all Jewish employees
How many scientists won Nobel prizes for their work on zyklon B
3 as it was a pesticide first, the gut who created it was also Jewish
How much did big businesses wages increase by
20%
What happened to the wages of those not in big businesses
Despite attempts to hold money down, their wages did increase
What happened to real wages
They did not increase
What happened to the price of luxury goods
They increased so people still could not afford them
The job creation schemes under the Nazis were based off of what
Policies introduced by Bruning in the early 1930x
What was reintroduced in 1935 that helped reduce unemployment
Conscription