Economy and Society of Germany- 1933-45

?
  • Created by: kianey12
  • Created on: 20-06-17 10:53

How far did the Nazi government manage to create full Employment? 

In Jan 1933 Hitlers Government was confronted with formidable economic problems. 

  • The Germany economy was practically bankrupt and the official unemployment rate was well over 6 million. 
  • Industrial production had declined to the levels of the 1890's while the volume of German trade has sunk by 50%. 
  • Agriculture was burdened with debt and was uncompetitive intonationally. 

However, there were advantages; 

  • The Great Depression was easing and the beginning of an economic recovery was detected.
  • Hitler was able to build on plans put forward by Von Schleicher to create work by building houses and roads and improving agriculture.  
  • Reparations were scraped in 1932 and the Reichsmark was no longer tied closely to the gold standard, wich enabled the government to inject more money into the economy. 
  • The Voluntary Reich Labour Service, which in 1932 had enrolled nearly 300,000 men in short-term agricultural jobs, set up work for the…

Comments

No comments have yet been made