What Methods did Hitler use to achieve his Economic Aims? How successful was he ?

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When Hitler came to power in 1933, the Germany economy was in a desperate state and still reeling from the effects of the 1919 Treaty of Versailles and the 1929 Wall Street Crash. Hitler decided that a revival of the economy was a necessity in order to achieve his ideological aims for the future of Germany. He even stated that ‘the needs of the state, varying according to time and circumstances are the crucial factor’, and Hitler believed that Germany was a great state, and therefore needed a strong economy in order to achieve her potential, which arguably Hitler perceived, as world power. There were four basic aims for the economy. Firstly, Hitler wished to tackle the depression which Germany was suffering from, and to generate employment, as unemployment was close to six billion in 1930. This policy also had other advantages, as by reducing unemployment, a climate of optimism would be generated in Germany and Hitler would be able to consolidate the power of his regime. The other principal aim for the economy was to create a Wehrwirtschaft, a defence economy in order to fulfil the desire for territorial expansion and Lebensraum. Therefore, war resources would need to be made (a job for the unemployed) and substitutes for imports would need to be found in order to achieve self reliance, which was termed autarky. Another minor aim was to aid the economic interests of the Mittelstand, which was where Hitler’s strongest opposition lay. It is apparent that although Hitler wished to fulfil the destiny of Germany, this was to be done on his own terms. One of the methods used by Hitler to achieve his economic aims was the creation of employment, which would thereby reduce state benefits, increase public expenditure and investment and stimulate consumer demand; all crucial for a healthy economy. Public Works Schemes were begun which meant the building of Autobahns and
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