The New Plan
The state of the economy by 1933: 1934 by Schaht
• hindered by economic development Schaht’s economic foreign policy was: to overturn the depreion, tackle
• 6.1 miion unemployed unemployment, and create more optimism for the regime.
• World trade slumped How did Schaht achieve this?
• 50,000 akrupt businees • bilateral trade treaties: trade to save foreign exchange cuency, mainly in
• Agricultural prices fe by 71% Balkan area
• Great Depreion • Reichsmark made a foreign exchange cuency
• Mefo bis: Governemnt aroved means of spending to disguise public spending
1933-39 Improvements Suees:
Schaht introduced: Failures:
• unemployment fe to 1.6 miion
• deficit spending • balance of trade
• production increased by 50%
• High taris to encourage suort for local farmers • 20,000 sma shops closed
• Industrialists benefied from baed trade unions
• Reich fd estate subsidies fd prices • Shortage of machinery and labour
• Farmers benefied from controed prices
• Reich farm law help pay farmer debts • Guns and buer debate
• Families benefied from grants
• Grants given for housing repairs.
Four year plan
1936 under Goering
Aimed to prepare German economy and military for war in four years through rearmament and aurtarky,
Active reca questions How did Goering achieve this?
• regulated imports and exports
1. What date was the economy by 1933?
• Controed labour
2. How did Schaht initiay improve the economy?
• Increased raw materials production
3. Aims of the new plan
• Developed substitutes Failures
4. Terms of the new plan suees: • mied targets eg oil fe short of 13.8 miion target
5. Suees and failures of the new plan • unemployed at 1.6 miion • sti imported third of raw materials
6. Aims of the four year plan • Heaney industry benefied from rearmament • Slowest economic growth out of big four
7. Terms of the four years plan • substitutes developed eg synthetic fuel • Balance of trade
8. Suees and failures of the four years plan • Chemical companies benefied eg IG Farben • Guns and buer debate
• Fd raitioning introduced in 1939
The state of the economy by 1933: 1934 by Schaht
• hindered by economic development Schaht’s economic foreign policy was: to overturn the depreion, tackle
• 6.1 miion unemployed unemployment, and create more optimism for the regime.
• World trade slumped How did Schaht achieve this?
• 50,000 akrupt businees • bilateral trade treaties: trade to save foreign exchange cuency, mainly in
• Agricultural prices fe by 71% Balkan area
• Great Depreion • Reichsmark made a foreign exchange cuency
• Mefo bis: Governemnt aroved means of spending to disguise public spending
1933-39 Improvements Suees:
Schaht introduced: Failures:
• unemployment fe to 1.6 miion
• deficit spending • balance of trade
• production increased by 50%
• High taris to encourage suort for local farmers • 20,000 sma shops closed
• Industrialists benefied from baed trade unions
• Reich fd estate subsidies fd prices • Shortage of machinery and labour
• Farmers benefied from controed prices
• Reich farm law help pay farmer debts • Guns and buer debate
• Families benefied from grants
• Grants given for housing repairs.
Four year plan
1936 under Goering
Aimed to prepare German economy and military for war in four years through rearmament and aurtarky,
Active reca questions How did Goering achieve this?
• regulated imports and exports
1. What date was the economy by 1933?
• Controed labour
2. How did Schaht initiay improve the economy?
• Increased raw materials production
3. Aims of the new plan
• Developed substitutes Failures
4. Terms of the new plan suees: • mied targets eg oil fe short of 13.8 miion target
5. Suees and failures of the new plan • unemployed at 1.6 miion • sti imported third of raw materials
6. Aims of the four year plan • Heaney industry benefied from rearmament • Slowest economic growth out of big four
7. Terms of the four years plan • substitutes developed eg synthetic fuel • Balance of trade
8. Suees and failures of the four years plan • Chemical companies benefied eg IG Farben • Guns and buer debate
• Fd raitioning introduced in 1939
