HSTR 350B Lecture Notes - Lecture 7: Planned Economy, Business Cycle, Walther Funk

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Primary of politics e(cid:272)o(cid:374)o(cid:373)y (cid:449)as al(cid:449)ays (cid:373)ade to fit hitler(cid:859)s politi(cid:272)al a(cid:374)d ideologi(cid:272)al framework and goals. Still capitalist but by 1938: command economy (r. overy) = controlled and guided. Faster and higher than anywhere else in europe. 1932 some signs, but unemployment peaked later. 1933 nothing much happened with the economy. 1934 more ge(cid:374)eral i(cid:373)pro(cid:448)e(cid:373)e(cid:374)t (cid:894)2 (cid:373)illio(cid:374) (cid:373)ore e(cid:373)ployed supposedly: je(cid:449)s a(cid:374)d women forced out) If you had a hus(cid:271)a(cid:374)d (cid:449)ho had a jo(cid:271), they should(cid:374)(cid:859)t (cid:271)e (cid:449)orki(cid:374)g, should (cid:271)e at home having children. 1398 period of growth above 1918. Normal business cycle (cid:858)whe(cid:374) thi(cid:374)gs go do(cid:449)(cid:374), they e(cid:448)e(cid:374)tually go (cid:271)a(cid:272)k up(cid:859) hitler happened to be at the right place at the right time. End of reparations, foreign lending = isolation insulates germany from some of the effects going on in other countries. Heavy industry and construction (ie governmental expenditure and public investment) 1933 = 13. 9 billion reichsmarks; 1939 = 37. 4 billion.

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