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Weimar and Nazi Germany The impact of the Treaty of Versailles German Foreign Policy 1919 to 1933
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Nazi
Economic Policy
Please note: this is very a basic overview. Aims of Nazi economic policy: There were several overriding aims of economic policy. These were: to reduce unemployment, increase productivity and to ensure that the currency was safe. More specific Nazi aims include, but are not restricted to: • To enable Germany to be ready to go to war Policy in practice: • Increased the size of the armed forces. Other policies that have economic implications: • Lebensraum (living space) and the (re)-creation of a greater Germany. The Ruhr valley and the Rhineland were reoccupied by German troops. This meant that industry was once more under German (Nazi0 control. Anschluss (merger with Austria) leads to greater availability of raw materials. Cessation (taking) of parts of Czechoslovakia provides further raw materials. Later the invasion of Poland would provide cheap labour, raw materials and space in which to expand the economic markets. • Anti-Semitism (anti-jewish policies). Resulted in large amounts of revenue and resources being reassigned to the state. Also unemployed Jews would no longer be classed as being ‘unemployed’. Tackling unemployment: some methods • Armed forces expanded. Was Hitler successful? • Unemployment fell to approximately half a million by the outbreak
of war. BUT • Rates of pay were no higher in 1939 than they had been in 1928.
(Remember that they had slumped though) Other factors • Payment of reparations ended, this enabled investment in Germany. Things to revise and remember: 1933. Initial policy. Cautious moves towards rearmament
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SchoolsHistory.org.uk highly recommends these sites:
Schoolhistory.co.uk - fantastic range of interactive games, revision materials and links.