New Plan

Question 1

When was the New Plan announced?

Answer 1

19 september 1934

Question 2

What was the New Plan

Answer 2

trade would be on a bilateral basis: imports would only be permitted from stats to which germany exported substantial quantities of goods

Question 3

Why was the New Plan introduced?

Answer 3

in order to pay for the implementation of the rearmament programme imports had to be restricted to arms-related raw materials and foodstuffs that could not be grown in germany

cutting back on trade would lessen germany’s dependance on the British merchant marine

Question 4

By how much did the New Plan help cut German imports?

Answer 4

7.24 billion reichmarks in 1928 to 2.9 billion en years later

Question 5

By how much did the percentage of imports from south-Eastern Europe rise?

Answer 5

7.5% of the total in 1928 to 22% of the whole

Question 6

Where was deemed a particularly favourble area of bilateral trade aarrangements?

Answer 6

south eastern europe

Question 7

what was the negative impact of the import restrictions?

Answer 7

dangerously depleted germany’s reserves of raw materials, ore and metals

while attempts to find substitutes- home grown textiles synthetic rubber and fuel, locally drilled oil - had so far only a very limited impact