Chapter 27 - Hitler’s Germany - 1933-1939 (European States)
Nazi Economic Strategies Success or Propaganda
Table of content
Key Topics 🎯
- Nazi Propaganda vs. Reality
- Hitler's Economic Aims
- Schacht's Economic Strategy
- The "Battle for Work"
- The 'New Plan' 1934
- 'Mefo' Bills
Nazi Propaganda vs. Reality 🎬
- Nazi's Claim: Stunning success! 🎉
- Facts
- Unemployment in 1933: 6 million ➡️ 1935: 2 million 👥
- By 1939: Labour shortages in major industries! 🏭
🌍 Real-world example: Imagine a company boasting about how they're the best in the market, but in reality, they're just average. The Nazis were excellent at selling their story!
Hitler's Economic Aims 🎯
- Recovery from Great Depression: Especially cutting down unemployment rates.
- Rearm Germany: Get ready for his goal of Lebensraum (living space).
- Achieve Autarky: Self-sufficiency in essential items (like food & raw materials) for war survival.
🌍 Real-world example: Think of a student (Germany) who didn't study all year (economic depression) but is now cramming for finals (rearming and autarky) with specific goals in mind.
Schacht's Economic Strategy 🧠
- Who: Hjalmar Schacht, President of the Reichsbank (1933–39) & Minister of Economics (1934–37).
- Strategy: Adopted deficit financing to boost economy & reduce unemployment.
- Reassurance: His reputation as an international financier kept the conservative economic elites calm.
Unlock the Full Content! 
Dive deeper and gain exclusive access to premium files of History HL. Subscribe now and get closer to that 45 🌟
Chapter 27 - Hitler’s Germany - 1933-1939 (European States)
Nazi Economic Strategies Success or Propaganda
Table of content
Key Topics 🎯
- Nazi Propaganda vs. Reality
- Hitler's Economic Aims
- Schacht's Economic Strategy
- The "Battle for Work"
- The 'New Plan' 1934
- 'Mefo' Bills
Nazi Propaganda vs. Reality 🎬
- Nazi's Claim: Stunning success! 🎉
- Facts
- Unemployment in 1933: 6 million ➡️ 1935: 2 million 👥
- By 1939: Labour shortages in major industries! 🏭
🌍 Real-world example: Imagine a company boasting about how they're the best in the market, but in reality, they're just average. The Nazis were excellent at selling their story!
Hitler's Economic Aims 🎯
- Recovery from Great Depression: Especially cutting down unemployment rates.
- Rearm Germany: Get ready for his goal of Lebensraum (living space).
- Achieve Autarky: Self-sufficiency in essential items (like food & raw materials) for war survival.
🌍 Real-world example: Think of a student (Germany) who didn't study all year (economic depression) but is now cramming for finals (rearming and autarky) with specific goals in mind.
Schacht's Economic Strategy 🧠
- Who: Hjalmar Schacht, President of the Reichsbank (1933–39) & Minister of Economics (1934–37).
- Strategy: Adopted deficit financing to boost economy & reduce unemployment.
- Reassurance: His reputation as an international financier kept the conservative economic elites calm.
Unlock the Full Content!
Dive deeper and gain exclusive access to premium files of History HL. Subscribe now and get closer to that 45 🌟
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