Hitler's economic policies Flashcards
15JAN24
3 Economic policy aims?
- reducing number of unemployment
- Making an economy that would allow Hitler to pursue lebensraum ( living space)
- Autarky = would allow Germany to be prepared for war
Hjalmar Schacht’s position?
Economic policy in his hands till 1937, president of reichsbank 33-39 and minister of economics 24-37
What was the battle of work?
Increased government expenditure and investment
- Large sums of money spent on public work schemes
How did Germany deal w/ its trade Deficient in 1934?
Control on imports, all had to be approved by government first
How were mefo bills/ credit notes used?
Companies supplying goods received them and they can be traded for cash
How did schacht attempt to encourage exports and slow increase in arms expedenture?
Using the slogan “Guns or Butter”
Night of the long knives?
30 June 1934
Hitler ordered massacre of SA Nazi leaders
- Killed SA leader ernst Rome all b/c Hitler thought Rohm was planning a putch
What did the army think about the knight of long knives?
They became concerned w/hitler’s foreign policy aims from 1937
- Thought to coup in 1938-39 and support the government even if defying some policies
Youth group against Hitler?
Edelweiss Pirates
- Main working class youth group against HItler
- Flower symbol of opposition
- Reacted by wearing anti - Nazi slogans and singing pre 1933 folk songs