Which of the following had a greater impact on the German Economy in the years 1933-1939? Nazi policies to reduce unemployment or Rearmament

Question 1

When did Hitler promise to solve the unemployment problem - in how many years?

Answer 1

FEB 1933 - 4 years

Question 2

Who was removed from the labour market?

Answer 2

Young people

Question 3

How many young people did the Voluntary Labour service employ and when?

Answer 3

500,000 - 1935

Question 4

When was compulsory military service introduced?

Answer 4

May 1935

Question 5

What did the Law for Reduction of Unemployment do?

Answer 5

Pushed women out the labour market

Question 6

What was offered to young couples?

Answer 6

1000 Reichsmarks if the women stayed at home

Question 7

Why were loans issued in cash?

Answer 7

Promotes the purchase of household goods

Question 8

How much was invested in Public’s works schemes?

Answer 8

1 billion Reichsmarks

Question 9

What did the Public’s works schemes build?

Answer 9

Road/canals, and government subsides used for house construction

Question 10

What industry boomed during mid 1933?

Answer 10

Motor industry

Question 11

How much did the employment rate increase in this industry?

Answer 11

40%

Question 12

Nazi policies to reduce unemployment EVALUATION

Answer 12

• Helped to revive Nazi economy - create almost full employment
• Success exaggerated
• Remained at a constant level (2.5 million)
• Until rearmament was accelerated - major factor in reducing unemployment

Question 13

What was Hitler’s main priority?

Answer 13

Rearmament

Question 14

What examples of rearmament are shown?

Answer 14

Motorways built - troop movement

Expansion of motor industry - transporting GER army

Question 15

What was the aim of the expansion of the Labour service?

Answer 15

Toughen people up and prepare them for army life

Question 16

What were Mefo bills?

Answer 16

Credit notes to pay manufacturers for military equipment

Question 17

How long were Mefo bills valid for?

Answer 17

5 years

Question 18

What was the biggest problem for rearmament?

Answer 18

Finance and rapid rise in imports

Question 19

Who was the economics minister?

Answer 19

Hjalmar Schact

Question 20

What were the terms of his New Deal?

Answer 20

• Strict control to limit imports on essentials for rearmament
• Special offices to check imports
• Bilateral trade agreements with Balkan and South American states

Question 21

What currency were the bilateral agreements made in?

Answer 21

Reichsmarks

Question 22

What was agreed between Germany and other countries in the bilateral agreement?

Answer 22

Money used by these countries to buy German goods and invest in construction of plants to produce goods for German war effort.

Question 23

What problems had large scale rearmament caused?

Answer 23

• production bottlenecks (overproduction)
• labour shortages
• danger of inflation - banknote circulation x3

Question 24

When did the inflation period curb?

Answer 24

1939

Question 25

What did Funk introduce?

Answer 25

New finance plan

Question 26

What was the new finance plan?

Answer 26

Government would pay 40% of cost of manufacturing

Question 27

What did Funk’s plan allow?

Answer 27

Government to hold out money that would have been spent

Question 28

Rearmament - EVALUATION

Answer 28

• Daily life revolved around total war economy/rearmament after ToV
• lots of benefits - accentuated reducing unemployment
• allowed foreign partnerships/trade deals