Search results
Results From The WOW.Com Content Network
Through all these steps, the state role in the West German economy declined from 52 percent to 46 percent of GDP between 1982 and 1990, according to Bundesbank statistics. Although the policies of the Wende changed the mood of the West German economy and reinstalled a measure of confidence, progress came unevenly and haltingly. During most of ...
Hitler called for Germany to have the world's "first army" in terms of fighting power within the next four years and that "the extent of the military development of our resources cannot be too large, nor its pace too swift" [italics in the original] and the role of the economy was simply to support "Germany's self-assertion and the extension of ...
Hitler completely reorganized the economic landscape in Nazi Germany. The Reichswirtschaftskammer ("Reich Economic Chamber") consisted of over two hundred organizations and national councils involved in industry, commercial, and craft lines. Large public works programs, such as the construction of the Autobahn, stimulated the economy and ...
The German currency was relatively stable at about 90 marks per dollar during the first half of 1921. [7] Because the Western Front of the war had been mostly fought in France and Belgium, Germany came out of the war with most of its industrial infrastructure intact, leaving it in a better place economically than neighbouring France and Belgium ...
24 June: Hitler incarcerated; German Foreign Minister Walther Rathenau assassinated, some involved are in the Organisation Consul. July: Inflation hits the German economy: 670 RM = 1 US$ 27 July: Hitler released. August: 2,000 RM = US$1; October: 4,500 RM = US$1; 28 October: Benito Mussolini establishes his Fascist dictatorship in Italy.
The German political landscape was dramatically affected by the 1929 Wall Street Crash, which hampered economic aid to Germany. The Great Depression brought the German economy to a halt and further polarized German politics. Hitler and the Nazis began to exploit the crisis and loudly criticized the ruling government.
From this came Hitler's Four Year Plan for rearmament "without regard to costs", transforming the economy into a Wehrwirtschaft (defense-based economy). [25] [35] His advisers had suggested a Five Year Plan, but Hitler declined in favor of the less Marxist sounding Four Year Plan. [34] Soviet oil refinery, 1934
Before Hitler came to power, Jews owned 100,000 businesses in Germany. By 1938, boycotts, intimidation, forced sales, and restrictions on professions had largely forced Jews out of economic life. According to Yad Vashem , "Of the 50,000 Jewish-owned stores that existed in 1933, only 9,000 remained in 1938."