Economic life Germany 1939 3.0 / 5 based on 1 rating ? HistoryThe rise of Germany from 1871ASEdexcel Created by: AnnaCreated on: 13-05-13 08:16 5 points conditions in 1933 four year plan Military expenditure Schacht's economic strategy Schacht's new plan 1 of 6 Conditions in 1933 Suffered: trade industry employment agriculture finance 2 of 6 Four year plan should the economy focus on 'guns or butter'? unr control of Herman Goering aims to expand rearmament and autarky to make Fermany as self sufficient as possible in food and industrial production Nazi control over German economy became much tighter success of plan was mixes 3 of 6 Military expenditure when war broke out, Germany's economy was still a long way from being fully mobilised Hitler wanted to fight the war with an economy thoroughly prepared for a major and perhaps extended conflict war economy decrees issued German military expenditure doubled food rationing in certain items inefficiency and poor co-ordination (Britain was doing better) 4 of 6 Schacht's economic strategy economic policy under control of Schacht particular financial benefits were given to groups such as farmers and small businesses stimulated economic growth spending by the state on investment projects rearmament, construction and transportation first three years on reforestation, land reclamation, motorisation and building 5 of 6 Schacht's 'new plan' comprehensive control by the government in all aspects of trade, tariffs, capital and currency exchange in an attempt to prevent excessive imports economic priorities Bilateral trade treaties The reichsmark currency Metro bills Schacht laid the foundations for economic recovery 6 of 6
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