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The German government feared that this might provoke immediate war with France at the time, but it did not. Still, the fear that war might come before Germany was prepared for it served to create a sense of urgency and reinforced the rearmament program. [31] The army and the navy prepared to quickly expand their capacity and manpower.
The year 1989 was the last year of the West German economy as a separate and separable institution. From 1990 the positive and negative distortions generated by German reunification set in, and the West German economy began to reorient itself toward economic and political union with what had been East Germany. The economy turned gradually and ...
To pay for the large costs of the First World War, Germany suspended the gold standard (the convertibility of its currency to gold) when the war broke out in 1914. Unlike France, which imposed its first income tax to pay for the war, German Emperor Wilhelm II and the Reichstag decided unanimously to fund the war entirely by borrowing.
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 government of Chancellor Joseph Wirth accepted the ultimatum on 11 May and began its "policy of fulfilment" (Erfüllungspolitik). By attempting to meet the payments, it intended to show the Allies that the demands were beyond Germany's economic means. [8] Map of the occupied Rhineland. In the north, the eastward-bulging area around ...
The whaler on HMS Sheffield being manned with an armed boarding party to check a neutral vessel stopped at sea, 20 Oct 1941. The Blockade of Germany (1939–1945), also known as the Economic War, involved operations carried out during World War II by the British Empire and by France in order to restrict the supplies of minerals, fuel, metals, food and textiles needed by Nazi Germany – and ...
28 February: Hitler awarded emergency powers under the presidential decree, Law for the Protection of People and State ("Reichstag Fire Decree"), the process of exerting totalitarian control over Germany, begins. Over the next five months, the Nazis systematically force all opposition political parties to shut down.
The Four Year Plan was a series of economic measures initiated by Adolf Hitler in Nazi Germany in 1936. Hitler placed Hermann Göring in charge of these measures, making him a Reich Plenipotentiary (Reichsbevollmächtigter) whose jurisdiction cut across the responsibilities of various cabinet ministries, including those of the Minister of Economics, the Defense Minister and the Minister of ...