Nazi Economy

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  • Political and economic policies in Nazi Germany
    • 1933 the Labour Front (DAF) was created to take over all Trade Unions - as they were all banned.
      • Machines which didn't require labour were banned - meaning more jobs
    • Women dismissed from jobs such as doctors or civil service to carry out the 3 K's Kinde, Kurche, Kuchen
    • 'Battle for Work' -Unemployment High
      • Schacht invested into programmes in public works. Motorways being created made jobs
        • begun to rearm, military spending was up. Conscription was introduced - Was compulsory, so reduced unemployment
      • Jews and women were excluded from the statistics
      • Workers in Germany were badly paid, heavily taxed and made to work long hours.
    • Schacht's New Plan 1924
      • Rearmament meant importation of raw materials, this lead to trade deficit. And so people had to get permission to import from the Ministry of Economics.
        • meant few food imports and this lead to food shortages
    • Four Year Plan 1936
      • The German economy had  to be ready in four year for war.
        • Autarky -become self-sufficient
          • Farmers encouraged to grow more food
          • industries had to use raw materials within Germany where possible.
      • created huge Budget Deficit, much more money was being spent by the government than the money coming in from tax

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