3.5 - the negative effects of nazi policy

whilst some industries did see improvement…

many such as agriculture and consumer industries lagged behind in terms of wages

although the proportion of national income actually going to workers declined…

workers did not realise this as they had more immediate concerns

why were workers incomes lower?

as they had to pay compulsory membership fees for nazi organisations, insurance and tax deductions

eductions from industrial pay packets was …

18% under the nazis, making it higher than what it was under the weimar republic

what else did workers loose?

freedom and political power with the suppression of free trade unions

though many small businesses benefitted from economic recovery, factors such as …

tight credit, the influence of big businesses and the slowness of official agencies when paying bills meant that many went bankrupt

what happened to the number of independent artisans from 1936 to 39?

it fell from 1.6 million to 1.5 million

many small firms found it impossible to compete with larger firms when…

prices were fixed and costs had increased

what did the government encourage which only made things harder for small businesses?

cartelisation

the reich entailed farm law, whilst designed to protect traditional small farm, actually…

hindered innovation since it tied much of the peasantry to their land

why did many farmers struggle to get approved for loans?

since they could not use their farms as collateral

whilst many industries did well during the third reich…

relations with the regime varied depending on the firm, what they produced, and whether or not it was geared to exports

what industry typically had quite hostile relations with the nazis?

the coal industry

in 1937, the government…

threatened some industrialists with imprisonment if they refused to become self-sufficient

who criticised the degree of state involvement in business?

fritz thyssen

how did most industrialists feel?

that they needed the nazis as much as the nazis needed them