Nazi economy Flashcards
Nazi created ….. jobs
2.8 million jobs created
Economic aims by Nazis
Autarky
Provide resources for major architecture projects
Ensure reasonable standard of living
Provide resources for rearmament
DAF
replaced Trade Unions for Nazis
RAD
Reich Labour Service, employment schemes
KdF
strength through joy - reward schemes e.g cheap cinema
Ersatz
Replaced imports with Ersatz materials to achieve autarky.
Increased ersatz rubber by 500% between 1936 and 1938.
Living standards of industrial workers
working week increased by 1939
hourly wages decreased by 33
pay did not reach pre depression levels
Women workers increased from 11.4 mill in 1933 to
14.8 mill in 1939
War impacts on economy
- Hitler made rivalling organisations e.g 4 year plan and Ministry of Munitions
- ministry of economics allocated resources
- allied bombing damaged factories
Albert Speer’s impact on economy
- Resolved problems e.g temporary accomodation for bombing, standardized ammo, improved efficiency, blackmailed gauleiters not contributing to war.
- Increased combat aircraft production from 1030 in 1941 to 36,000 in 1944
- Stopped prevention of non-essential goods
- banned prestige construction projects
- introduced slave labour -2 shifts a day became 3
- despite nazi ideology, speer put 500k women into work
- Ammo production increased by 97% in first 6 months
Why economy failed in war years
Economy couldnt produce armaments and feed people
Poor leadership, Hitler in bunker couldn’t be reached
Air raids destroyed factories
Ammo production increased by …. in first 6 months of Speer
97%
Speer increased combat aircraft production from … in 1941 to …. in 1944
1030 to 36,000