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How Successful Was Nazi Economic Policy?


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1444
Submitted:
Sun Dec 15 2002
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How Successful Was Nazi Economic Policy?

... How Successful was Nazi Economic Policy? When the Nazi Party came to power in 1933 it had two main aims - to solve unemployment, and to make Germany as strong an economic and military power as possible, so that the humiliating and devastating defeat of the First World War could never happen again. In order to do this, several areas had to be tackled. Firstly, unemployment was huge and rising steadily - in 1933 six million people were unemployed. Secondly, the party had promised better conditions for workers, and this had to be balanced with continuing the good relationship that the Nazis had with businesses. In order to build up Germany's military strength after the under-funding and downsizing that Versailles imposed, large amounts of funding were needed for the armaments industry and the armed forces. Lastly, the Nazis wanted to create autarky - making Germany self-sufficient, so that if another

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