Economy and politics

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  • Created by: Abigail
  • Created on: 06-04-14 16:49

ECONOMIC PROTECTIONISM:

  • bismarck was in support of the introduction of tariffs as as way to protect German industry
  • he tried to persuade the National Liberals to remove their opposition to tariffs

ECONOMIC AND FINANCIAL FACTORS:

  • German agriculture began going downhill because of bad harvests and cheap importation from USA and Russia
  • Bismarck understood that relying on foreign importation could severely weaken Germany in a time of war
  • the adoption of protective tariffs was something already done by France, Austria and Russia so it seemed appropriate to do the same
  • government revenue wasn't enough to cover growing costs so individual states began making…

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