Economic

• Aims


  The overall goal of a policy - what you want to achieve
• Results


  The outcome, consequence or effect of a policy - not just whether it worked or not, but why it didn't work and what was wrong
• Domestic


  Existing or occurring inside a particular country, not foreign or international
• Economic


  Relating to trade, production and anything to do with currency or money in a country
• Hitler was not very economically savvy, he had a loose understanding of economics
• Helgemar Schnatt


  Put in power by Hitler from 1934-1937, his sole focus was to enact the 'new plan'
• Helgemar Schnatt's 'new plan'


  1. Create employment through public work projects like road repairs, forest cleaning, building hospitals and schools

  2. Require young men aged 18-25 to join the national labor service for 6 months to be trained in basic skills and directed to work where needed

  3. Rearmament - secretly rebuild the military by creating factories and jobs
• The 'new plan' was successful - it immediately put many people in employment and helped the economy bounce back quickly
• Herman Goring


  Replaced Helgemar Schnatt in 1936, implemented the 'four-year plan'
• Goring's 'four-year plan'


  1. Bring the German labor force under stricter control to direct them into vital areas for arms production

  2. Increase use of import controls to protect Germany

  3. Produce synthetic substitutes for rubber and oil to avoid having to import them
• The 'four-year plan' was effective but did not finish its completion before World War II started in 1939, earlier than Goring had planned
• The result was a larger, stronger army ready to fight a war but not necessarily ready to win it