Economic recovery (5 jan 1933 ano – 26 dez 1936 ano)

Descrição:

- 1933-39 Schacht president of the Reichsbank, 1934-37 Minister of economics. Introduced many plans to revive the economy

- Public investment by state to reduce unemployment by creating public works

- State assumed greater control of capital in economy and set lower interest rates

- Assisted farms and small businesses: tariffs on imported goods, subsidies form Reich Food Estate, lower interest rates, etc.

- Balance of trade deficit arose. When Germany's imports cost more than was made on the exports. In consequence, sectors of the economy argued over the foreign currency allocation.

Adicionado na linha do tempo:

Data: