key terms Flashcards
Economic Armistice
Typically in a conflict situation, an armistice is a temporary agreement to suspend action.
A truce (Stresemann believed that the Dawes Plan was no more than a temporary agreement on the reparations issue and not a final solution).
Cartel
Groups of companies in the same industries which combined together to fix prices and protect profits.
Cartels reduced competition but allowed more of the profits to be reinvested, for example, in research.
Tariff
Duties or taxes that have to be paid on goods entering a country.
Their purpose is to make foreign goods more expensive than those produced in the country, thereby protecting firms from foreign competition.
Compulsory Arbitration
Industrial disputes are often settled by arbitration, in which both sides agree to allow an independent figure, known as the arbitrator, decide on a solution.
In Weimar Germany, arbitration was made compulsory by law.
Lock Out
An action by an employer to stop workers doing their jobs until they agree to the employer’s terms and conditions.
Foreclosure
Taking possession of mortgaged property when someone fails to keep up their repayments.
Referendum
A popular vote on a single issue in which people are asked to say yes or no to a proposal.
Means Test
A check on the financial circumstances of a benefit claimant in order to confirm his or her eligibility for support.
Civil Code of 1896
Since the unification of Germany in 1871 there had been a need to bring the separate laws of each of the German states into a uniform national framework.
The Civil Code of 1896, which concerned all aspects of personal and civil rights and responsibilities, provided that common framework.
Gymnasium School
A selective school that provided a classical education, children would remain at a Gymnasium for nine years before taking a university entrance examination.
Teaching methods were very authoritarian, discipline was maintained through corporal punishment and the curriculum was very rigid.
Jewish Bolshevism
A term used by anti-Semites in the Weimar period to imply that Jews and communists were closely associated and represented a danger to German values.
Mein Kampf
Hitler’s autobiography and a statement of his beliefs.
It became required reading for all members of the Nazi Party.
Krupps
A large German company based in Essen in the Ruhr, which had produced much of the weaponry for the German army since the 19th century.
