the nazi's in power
The Nazis in Power
The economy
1. Why did the Nazi’s want to improve the German Economy?
So they could be able to spend more money on re-armament and the army
2. Who was Hjalmar Schact? Schact was Currency Commissioner and President of the Reichsbank under the Weimar Republic, and President of the Reichsbank under the Nazi regime between 1933 and 1939.
Was in charge of the economy by Hitler and was the president of the Reichsbank known for curing the inflation
3. How Schact try to improve the Germany economy?
Employ thousands of unemployed men on public works
Battering, exchange of unwanted goods and services
Meto bills, government guaranteed bonds
Prevented inflation and the raise of taxes
4. Explain how each of the above points improved the economy?
Helped to expand the economy by increasing employment and production
Up until 1939, 12 billion marks worth of meto-bills and strict economic controls prevented inflation
5. Explain why Schact was replaced by goring?
Hitler wanted to spend much more on armaments
Contrasting views
Schact thought this would ruin Germanys economy
Within a year Schact had been dismissed
6. Why, do you think, Hitler and Goring wanted “Autarchy”?
‘self-sufficiency’
To prepare themselves for war
Prevent starvation, wouldn’t run out of resources
7. Briefly discuss the success and failure of the four year plans
The Four-Year Plan had four priorities:
1. To increase agricultural production.
2. Retrain key sectors of the work force
3. Government regulation of imports and exports.
4. To achieve self-sufficiency in the production of raw materials
The results of it showed that in many areas it failed to achieve its targets. The plan was meant to make Nazi Germany self-sufficient in all industrial goods so that the country was free from pressure asserted by overseas nations if they chose to curb
The Four Year Plan was put under the control of Hermann Goering and the statistics
The economy
1. Why did the Nazi’s want to improve the German Economy?
So they could be able to spend more money on re-armament and the army
2. Who was Hjalmar Schact? Schact was Currency Commissioner and President of the Reichsbank under the Weimar Republic, and President of the Reichsbank under the Nazi regime between 1933 and 1939.
Was in charge of the economy by Hitler and was the president of the Reichsbank known for curing the inflation
3. How Schact try to improve the Germany economy?
Employ thousands of unemployed men on public works
Battering, exchange of unwanted goods and services
Meto bills, government guaranteed bonds
Prevented inflation and the raise of taxes
4. Explain how each of the above points improved the economy?
Helped to expand the economy by increasing employment and production
Up until 1939, 12 billion marks worth of meto-bills and strict economic controls prevented inflation
5. Explain why Schact was replaced by goring?
Hitler wanted to spend much more on armaments
Contrasting views
Schact thought this would ruin Germanys economy
Within a year Schact had been dismissed
6. Why, do you think, Hitler and Goring wanted “Autarchy”?
‘self-sufficiency’
To prepare themselves for war
Prevent starvation, wouldn’t run out of resources
7. Briefly discuss the success and failure of the four year plans
The Four-Year Plan had four priorities:
1. To increase agricultural production.
2. Retrain key sectors of the work force
3. Government regulation of imports and exports.
4. To achieve self-sufficiency in the production of raw materials
The results of it showed that in many areas it failed to achieve its targets. The plan was meant to make Nazi Germany self-sufficient in all industrial goods so that the country was free from pressure asserted by overseas nations if they chose to curb
The Four Year Plan was put under the control of Hermann Goering and the statistics