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Consider The View That Hitler's Management Of The German Economy Was A Notable Success.

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Consider The View That Hitler's Management Of The German Economy Was A Notable Success. When Hitler came to power the greatest economic problem facing him was unemployment. In January 1933, the official total was 5.7 million yet the nazi's had no detailed plans with the economy. The party's economic policy was vague. It was both anti-communist and anti-capitalist to attract the support of as many people as possible. Hitler was personally hostile to communism. He was also eager to gain support from the great industrial leaders such as Alfred Krupp. If the Nazi's had any policy, it was that the party should control the economy: of trade, industry, agriculture, the banks and the workers themselves. Goring Takes Over The Economy By 1936 Hitler wanted to spend much more on armaments to prepare Germany for war. Spending had already risen from 2 billion marks in 1933 to 11 billion. Schacht thought this would ruin the German economy. ...read more.


Nevertheless, by 1938 German steel production was 22.6 million tons, third largest in the world. Goring also tried to make Germany self-sufficient in foodstuffs. At the same time full employment meant people had more to spend on food. The population was also increasing so this policy failed also, except in bread, potatoes, sugar and meat. By 1939 Germany was still importing 17% of her agricultural needs. Overall I think that Autarky was not very successful but it did definitely help Germany, however it could have been a lot more successful than it was. The Hossbach Memorandum By 1937 Germany's re-armament programme was building up rapidly. It was having serious effect on the economy. Re-armament - building warships, tanks and guns - used vast quantities of steel and serious shortages were developing. There was a shortage of skilled workers and the cost of re-armament was growing very quickly. The building programme of autobahnen, stadiums and so on was effectively squeezing the country dry, something needed to be done and soon. ...read more.


This involved risks, especially with Britain and France. However, Hitler was that they were both nervous about war and even if they weren't they were weak, compared to Germany who had a considerable lead in the re-armament. This lead would last until 1943-45. After that, the other powers would be equally well armed. So unless France had a civil war or a war with another territory such as Italy, Germany must gain its new territories by 1943-45 at the latest. The first of these targets, which Hitler wanted to capture, were Czechoslovakia and Austria. Austria's lands were driven into Germany's like a stake. Austria was the land of Hitler's birth. He had always believed that it should be part of Germany. Once these two territories had been taken he would move further east. Overall Hitler's management of the economy was good but and his plan to take over new lands in order to become more powerful and gain more resources was actually a very good plan and he executed it just at the right time as well. However he just went too far but that is another story. ...read more.

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