Summary 6 - Bruning's economic policies Flashcards
Why was Bruning prepared to worsen the effects of the Depression?
Bruning was prepared to worsen the effects of the Depression in order to end reparations payments.
What did Bruning want to reduce?
He wanted to reduce the state welfare provisions established by the Republic
Bruning pursued a deflationary monetary policy, what did this entail?
- He cut government spending
- He raised taxation levels
- Prices decreased in Germany to try and boost exports
What did Bruning tell Centre Party deputies was needed in order to convince the world that Germany could not afford to pay reparations?
Deflation
When did Bruning eventually start a programme of public works?
In late 1932
Why did Bruning eventually start a programme of public works in late 1932?
He started a programme of public woks in late 1932 as reparation payments had been suspended.