weimar economics Flashcards
1
Q
who had a more conservative view?
A
borchhardt
2
Q
what was the conservative view?
A
‘state was living beyond its means’
‘sick economy, which could not possibly have gone on in the same way even if the world depression had not occurred’
3
Q
who had an alternative view
A
Holtfreich
4
Q
what was the alternative view?
A
- lack of entrepreneurial attitude and inadequate investment from the conservative elite
- cartelisation limited entrepreneurial spirit further
- cautious and cossetted traditionalists were more responsible for the economic disparities
