The Second Reich - Economy Flashcards
The production of what material went up 19 times between 1880-1910?
Steel
How much more electricity did Germany produce than GB/France/USA combined during the Second Reich? (Percentage)
20%
What sector of the economy decreased in employment but increased in yield and why?
Agriculture, due to modernisation.
Junkers who did not modernise often still survived - true or false?
False - they often went bankrupt. The Junkers who modernised enjoyed high profits.
Germans produced around double of what the USA did of what agricultural product?
Potatoes!
What % of the population moved to the cities during the Second Reich?
40%
The German population was 40.9 million in 1870. What was it in 1910?
65 million.
By how many times did railway length increase between 1870-1910?
Three times.
What industry was second best only to Britain in 1908?
Ship building
Socialism becomes more popular and the SPD the largest party in the Reichstag in the second reich due to what economic event?
Industrialisation