Ideology and success of the Nazi regime

HideShow resource information
Preview of Ideology and success of the Nazi regime

First 423 words of the document:

The Hitler myth and the content of propaganda- the issues of economy and
1. Nazi's long and short term economic policies
When Hitler was appointed Chancellor, the Nazi party did not have a coherent
and carefully thought out economic policy; He however, had some clear aims
Short Term
Economic recovery from the depression
Reduction of unemployment
Long-term aims
Create an economy able of sustaining a large rearmament programme to
geared to the needs of a future war
An economy that would be self-sufficient in the production of food and
raw materials "Economic autarky"
2. Policies of Schacht 1934-36
Schacht was president of the Reich bank and from August 1934, he became the
economic minister. His policies were very important and he put 5 billion Reich
marks into construction work. Under his direction the regime stimulated
recovery by:
Pumping money into the economy to build homes and autobahns which
helps to create work. The autobahns scheme was unsuccessful because
not many people could afford to buy one and only the Nazi elite owned
Stimulating consumer demand by giving tax concessions and grants to
particular groups (Who would then spend it on consumer goods)
Giving subsidies to private firms to encourage them to take on more
Putting controls on wages and prices to control inflation. This failed
because wages slowly rose over time and the prices of goods rose
Introducing the `New plan' in 1934 to control Germanys foreign trade and
improve the country's balanced of payment. Imports were growing faster
than exports and this led to a shortage of foreign currencies, which were
needed to buy foreign goods. This led to Schacht making deals with
poorer countries where food and raw materials were paid for in German
Reich marks. The supplying country could then only use this money to
buy German goods= good for economy!
Germany also traded with foreign countries by bartering with goods. This
was most effective with poorer countries.
Introduction of MFO bills which were basically credit notes that could be
redeemed later. Most people did not redeem them because if left the bills
gained 4% interest per year. Hitler thought Germany would be out of
depression in 5 years so many people left their MFO bills. Between
1933-35, MFO bills paid for about 50% of re-armament.

Other pages in this set

Page 2

Preview of page 2

Here's a taster:

Policies of Goring between 1936-39
The measures set out by Schacht were successful in reviving the economy and
reducing unemployment (Between 1933-35, industrial output increased by
49%) but it helped to create a new set of problems. There was a shortage of
foreign exchange, food shortages because of the emphasis on industry rather
than agriculture, rising prices and lower living standards. Reports from the state
talk about growing disillusionment with the regime.…read more

Page 3

Preview of page 3

Here's a taster:

There were flaws in these claims:
Economic recovery had begun before the Nazi's came to power. Many job
creations schemes used by the Nazi's were based on policies introduced
by Bruning in the 1930's.
Part of the reduction in unemployment was achieved by persuading
married women to give up their employment by granting them marriage
loans. This made jobs for unemployed males.
Unemployed young men were conscripted into the RAD (Reich labour
service) and had to do domestic, menial jobs.…read more

Page 4

Preview of page 4

Here's a taster:

The `Strength through joy' movement gave workers access to cruises and
holidays in Germany and to take advantage of paid holidays that most workers
received. The `beauty of labour' movement improved working conditions and
facilities in factories and other workplaces. Radios like the `Peoples receiver' and
the Volkswagen car were seen as evidence that the regime was providing goods
for ordinary Germans that would usually only be available in other countries.…read more

Page 5

Preview of page 5

Here's a taster:

The policies actually pursued in 1933 had much in common with
those adopted in other countries, and with the polices of the pre-Hitler
`The achievement of the 1930's was not very remarkable. Even by
1937, the economy was just above the level reached some 25 years
`The switch to war preparation did not produce any real crisis in the
economy before September 1939, but it did increasingly compromise
the achievements already made'
J.…read more


No comments have yet been made

Similar History resources:

See all History resources »See all resources »