How Successful Was the Nazi Economic Policy 1933 Onwards Mate..Docx Uploaded Successfully

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How successful was the Nazi economic policy? The Nazis had 4 aims/ problems once in power which the economic policy was supposed to be a solution for- the unemployment problem left from the Weimar era and the great depression, the lack of military forces and equipment available after the restrictions of Versailles, the lack of self-sufficiency of Germany as a country and they needed to provide a better quality of life for all Germans to ensure full support for the Fuhrer. I will be arguing that the economic policy was an overall success, but with areas of no improvement. Unemployment was tackled first, in a variety of different ways. Public expenditure and investments were increased in order to renew an industrial and business confidence in the economy. Also propaganda campaigns were set up to stimulate consumer demand - both of which increased production, thereby creating jobs. The public works scheme was extended (with the RAD), employing vast numbers of people to build houses, schools, roads and railways, including the huge new autobahn network this was all lead and introduced by Schacht. Tax concessions and special grants for some companies were introduced, and many businesses were given subsidies for employing more workers than they really needed. The Government also controlled the price of many goods, ensuring that smaller businesses were not forced out of the market. This would ensure that the unemployment was stabilised and did not fall further. Conscription also meant that over 1 million men were employed into the armed forces by 1935, but not only did this strengthen the army and reduce unemployment, it also meant that the German industry grew massively creating nearly 1.3 million extra factory jobs which would help supply the army with munitions and equipment etc. As a result of these measures, unemployment fell dramatically, from six million in 1933 to
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