Germany Booklet 7 Flashcards
From 1845-1870 how much did railway networks grow in Bismarck’s Germany?
Grew by 6 times from 3280km to 19,575km of track.
Which countries did Prussian trade increase with?
France, Belgium, Britain and Italy
What 2 factors caused Germany’s economic depression in 1873-1890?
Corruption and overinvestment
Which 2 new inventions did German scientists create?
Electrical generators and synthetic dyes
From 1890-1913 how much did electrical output increase by every year?
18%
By how much did the number of construction workers increase by?
1 million
Between 1872 and 1914, by how much did German exports increase by in value?
£365 million
How much of Europe’s steel and coal did Germany produce?
2/3 of Steel and 1/2 of Coal
Which key resources did Germany industry lack during WW1?
Cotton, rubber, petrol, copper and tin
What was created in 1916 to organise imports from neutral countries and maintain an element of trade during WW1?
The Central Purchasing Company
What controlled food rationing and supplies during WW1 in Germany?
The Imperial Grain Office
How many million marks of war debt did Weimar Germany inherit?
140,000 million marks
Which important industrial regions had Germany lost after the treaty of Versailles?
Saarland and Upper Silesia
How many marks did Weimar Germany have to pay per year for reparations?
2 million
When did the French and Belgians occupy the Ruhr region?
1923-25
In 1923 how many marks was one dollar?
$1 = 4.2 trillion marks
What did the Dawes plan do?
The US provided massive investment to help stabilise the Weimar economy
When did Weimar industrial production reach pre-WW1 levels?
1927
Following rationalization, how much did the workforce decline by but production increase by in the Ruhr region.
Ruhr workforce declined by 33% but the production increased by 18% per working hour
By 1934 in Nazi Germany how much had unemployment decreased by?
It had been halved
When was there a labour shortage in Germany?
1939
What was one reason for German economic improvement in the 1930s?
Road construction
German car industry
By 1938, what % of Nazi expenditure was on rearmament?
44%
Which US plan helped Germany to redevelop after WW2?
The Marshall Plan
Which event in 1950-53 boosted Germany Industry because the US army needed goods that Germany excelled in producing?
The Korean War
What happened to West Germany’s GNP during the 1950s?
It trebled
Which industry was helped by the economic revival?
The house-building industry
How much were US investors losing monthly in Germany following the Great Depression?
$40,000 million
In June 1931 how much was withdrawn from Germany by US investors and how many banks collapsed as a result of this?
1000 Million marks and 3 banks collapsed
Why did many US investors withdraw their investments in the 1930s?
The Nazi party made significant gains and this led to fears amongst US investors about the growth of political extremism and so they withdrew their investments
By December 1930, how much did unemployment increase to?
2.1 million, which peaked at 6 million in January 1932
What total % of Germany’s workforce was unemployed during the Great Depression?
40%
What methods did Bruning implement to try and combat the Great Depression?
Raised taxes and cut unemployment benefits, but this failed
How many people were the Nazis feeding a day in 1931 with soup kitches?
200 a day in some areas
In 1930 how many more votes did the Nazis gain?
6.4 million (equivalent to 18.2%)
When did West Germany undergo economic growth?
From the 1950s-60s
By 1963 how economically powerful was West Germany?
Strongest economic power in Europe and third in the world
How much did West Germany receive from the Marshall Plan?
$99 million
Which industries were developed using the Marshall Plan money?
Coal-mining, Railway, Electrical, Steel and Iron industries
How much did West Germany’s GDP increase by in 5 years following the war?
12%
What did West Germany introduce in 1951?
Co-Determinism
What was Co-Determinism?
It meant that any business with over 1000 employees in the iron and steel industry had to allow representatives of the workforce to have a say in the running of the business