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His harangued German economist counterpart, Schacht, would face similar treatment many years later, being sent to a Nazi concentration camp after being accused of being part of the July 20 Plot to assassinate Hitler. [33] Economic reconciliation was hampered even further by political tension after the Anschluss in mid-1938 and Hitler's ...
The Berghof, Hitler's private retreat, was renovated at a massive cost, all of it paid for with Nazi Party donations. While hyperinflation of the Weimar Republic had crippled the German economy and plunged millions of German workers into unemployment, Hitler and his party received lavish donations from wealthy benefactors at home and abroad. [18]
[78] Hayes describes Nazi economic policies as a "'carrot-and-stick' or 'Skinner Box' economy" in which corporate decisions "were increasingly channeled in directions the regime desired" through a combination of "government funding and state-guaranteed profit margins" on the one hand, and a series of regulations, penalties, "the possibility of ...
The proportion of military spending in the German economy began growing rapidly after 1942 as the Nazi government was forced to dedicate more and more of the country's economic resources to fighting a losing war, therefore civilian factories were converted to military use and placed under military administration. By late 1944, almost the entire ...
The use of slave and forced labour in Nazi Germany (German: Zwangsarbeit) and throughout German-occupied Europe during World War II took place on an unprecedented scale. [2] It was a vital part of the German economic exploitation of conquered territories. It also contributed to the mass extermination of populations in occupied Europe.
The Wages of Destruction: The Making and Breaking of the Nazi Economy is a non-fiction book detailing the economic history of Nazi Germany. Written by Adam Tooze, it was first published by Allen Lane in 2006. The Wages of Destruction won the Wolfson History Prize and the 2007 Longman/History Today Book of the Year Prize.
The German–Soviet Economic Agreement of 12 October 1925 formed the contractual basis for trade relations with the Soviet Union. In addition to the normal exchange of goods, German exports to the Soviet Union from the very beginning utilized a system negotiated by the Soviet Trade Mission in Berlin by which the Soviet Union was granted credits for the financing of additional orders in Germany ...
Like Swiss banks, American car companies deny helping the Nazi war machine or profiting from forced labor at their German subsidiaries during World War II. [9] "General Motors was far more important to the Nazi war machine than Switzerland," according to Bradford Snell. "The Nazis could have invaded Poland and Russia without Switzerland.