Nazi Economic Policies Quiz

State investment and control of industry.

To stimulate demand for goods, expand income, and lift Germany out of economic recession.

Projects that required large amounts of labor, such as construction of schools, hospitals, and roads. They were heavily invested in to reduce unemployment.

<p>It secured one billion Reichsmark for large scale public works and was followed by hundreds more programs over the following years.</p> Signup and view all the answers

<p>To achieve economic stability and promote autarky.</p> Signup and view all the answers

<p>Autarky is the concept of economic self-sufficiency, and Germany aimed to achieve it to remove dependence on foreign investment, imports, and trade.</p> Signup and view all the answers

<p>To be less vulnerable to fluctuations in the world's economic situation and more able to sustain a long war by avoiding shortages experienced in the First World War.</p> Signup and view all the answers

<p>To create work for over 80,000 men as part of the work-creation schemes.</p> Signup and view all the answers

<p>They were largely successful in reducing the number of unemployed.</p> Signup and view all the answers

<p>They had little choice over what they did, what they got paid, and where they worked.</p> Signup and view all the answers

<p>It would mean that Germany could avoid shortages experienced due to the Allies blocking the flow of goods into the country during the First World War.</p> Signup and view all the answers

<p>The outcomes they wanted to achieve were economic stability, an end to unemployment, and Autarky.</p> Signup and view all the answers

<p>The Nazis initially sought to achieve economic stability by banning trade unions and freezing workers' wage rates.</p> Signup and view all the answers

<p>The Nazis appointed respected banker Hjalmar Schacht as President of the Reichsbank. Schacht had previously helped to bring Germany out of crisis in 1923.</p> Signup and view all the answers

<p>In 1934, Schacht was also made the Minister for Economics. The appointment of a banker and economist who had previously had success in reviving Germany helped to create a sense of continuity and reassure the business community.</p> Signup and view all the answers

<p>The Nazis initially banned trade unions and froze workers' wage rates to benefit business interests and reassure the business community.</p> Signup and view all the answers

<p>The Nazis' actions greatly benefited business interests as they could no longer be lobbied for fairer conditions or have to compete with other wages.</p> Signup and view all the answers

<p>The Nazis made it clear that they first sought to achieve economic stability before implementing any radical economic reforms.</p> Signup and view all the answers

<p>The appointment of Hjalmar Schacht helped to reassure the business community that no radical changes were imminent and created a sense of continuity.</p> Signup and view all the answers

<p>The appointment of Hjalmar Schacht as President of the Reichsbank further appeased the business community, as Schacht had previously helped to bring Germany out of crisis.</p> Signup and view all the answers

<p>The Nazis made it clear that they first sought to achieve economic stability and took actions to benefit business interests, such as banning trade unions and freezing workers' wage rates.</p> Signup and view all the answers

<p>economic stability, an end to unemployment, and Autarky</p> Signup and view all the answers

<p>banning trade unions and freezing workers wage rates</p> Signup and view all the answers

<p>Hjalmar Schacht</p> Signup and view all the answers

<p>Minister for Economics</p> Signup and view all the answers

<p>a sense of continuity</p> Signup and view all the answers

<p>economics</p> Signup and view all the answers

<p>a clear policy to achieve their desired outcomes</p> Signup and view all the answers

<p>by making it clear that they first sought to achieve economic stability</p> Signup and view all the answers

<p>by eliminating lobbying for fairer conditions and competition on wages</p> Signup and view all the answers

<p>bring Germany out of crisis</p> Signup and view all the answers

<p>the crisis of 1923</p> Signup and view all the answers