Key Econ Stats Pt1 Flashcards
How did currency reform impact German economy
Injected 762 million marks into economy
What % of GNP was industry in 1880s and how did it change to 1914
30-35% in the 80s
45% in 1914
Annual industrial growth under Bismark
4.5%
Ruhr coal output in 1850 and 1880
1850- 2 million tons
1880-22 million tons
Steel production change 1870-1890
Increased 700%
Change in railway network 1871-1890
Doubled in size
Interesting stat showing German scientific education
1870- more science graduates from Munich than all English universities
When were German banks deregulated
1872
How many new German banks formed under Bismark
49
How did corn tariff change
1879-1887 increased 5 fold
% of electrical trade controlled by Germany in 1913
50%
Change in electrical energy production in the Rhine
Increased 150% 1901-1915
What did Loewe do and when
1899- built factories with American mass production techniques
% of population in agriculture change 1880-1914
Went from 35% to 25%
Change in exports 1890-1914
More than tripled
Nobel prizes stat
Germans won 1/3rd of scientific nobel prizes 1909-14
Steel output 1914
18 million tons- more than Britain France and Russia combined
German working day and pay compared to Britain WW1
Working day average 2 hours longer
1/3rd less pay
Who founded the War Raw materials department
Walter Rahenau
When and what were the auxillary service laws
Dec 1916
All males 17-60 to work for war effort if required
How did German economy change during ww1
Shrunk 1/3rd
Industrial production down 40%
National debt change 1913-1919
5 billion to 144 billion
Change in value of mark over war
Fell to 20% of pre war value
Change in merchant fleet end of ww1
90% of German merchant fleet surrendered
Reparations cost
£6.6billion
Price changes 1918-1919 and 1919-1920
Doubled 18-19
Quadrupled 19-20
National debt in 1919 and 1922
144 billion 1919
469 billion 1922
How many printers due to hyperinflation
2000 working 24/7
Price of bread Nov 23
201 billion marks
Exchange rate of Rentenmark
1 trillion to one
How many companies went bankrupt between 1923-24
6000
Weimar growth 1913-1929
6% annually
Unemployment in 1924, 1926, 1928
24- 4.9%
26-10%
28-6.2%
Peak of unemployment
1.3 million
Growth of electrics in berlin
5% of homes had electricity on 1914
50% in 1930
Change in blast furnaces
Tripled
GDP per capita change 1913-1929
13% higher in 1929 than 1913
Inflation below 0 in what year
1926
How many unemployed winter 1928-29
2 million
Budget deficit in 1929
17 billion marks
Value of German exports change 1929-32
£630 billion to £280 billion
What collapsed in 1931
Danatbank- Germanys largest bank