To What Extent Did The Nazis Achieve Their Economic Aims During The Years 1933-39 Flashcards

1
Q

3 factors

A

Unemployment
Rearmament
Wealth of the people

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2
Q

Unemployment

A
  • unemployment dropped from 6 million in 1933 to 2 million in 1935, an actual labour shortage by 1939 with almost no unemployment (only 335k)
  • wages for worker improved slightly (Christmas bonuses)
  • 1935 Reich labour service created, helped mitigate effects of unemployment on the German economy, militarise workforce and indoctrinate it into nazism (involved 400k men who would have been unemployed)
  • unemployed men aged 19-25 made to do 6 months labour in farming or construction
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3
Q

Rearmament

A
  • 1935 : Hitler ordered a faster pace of rearmament, Schacht had to devise a scheme to borrow money and control inflation
  • gov incentives for private industry to produce armaments helped create jobs an increase output, gov expenditure increased by 70%
  • ‘guns or butter’ debate that Hitler was achieving his aims but at the expense of the quality of life of ordinary Germans
  • boosted profits of big weapon companies
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4
Q

Wealth of the people

A
  • wages for workers increased by Christmas bonuses
  • advertisement of ‘people’s car radio and cruises gave off the impression they were having a rise in loving standards but in reality the economy was under severe strain
  • hidden unemployment through jews
  • workers
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