Search results
Results from the WOW.Com Content Network
[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 ...
Germany did not lack natural resources, including the key raw materials needed for economic and military operations. [1] [2] [3] Before World War I, Germany had annually imported 1.5 billion Reichsmarks of raw materials and other goods from Russia. [3]
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 ...
The German–Soviet Credit Agreement (also referred to as the German–Soviet Trade and Credit Agreement) [1] was an economic arrangement between Nazi Germany and the Soviet Union whereby the latter received an acceptance credit of 200 million ℛ︁ℳ︁ over seven years with an effective interest rate of 4.5 percent.
Initially, the outbreak of World War II did not bring about any large changes in the German economy. Germany had spent six years preparing for war and a large portion of the economy was already devoted to military production. Unlike most other governments, the Nazis did not increase direct taxes by any significant amount in order to fund the war.
To do this, Germany undertook the construction of radio towers within Spain that could transmit to other countries in hopes of fostering pro-Nazi sentiment. [31] These radio stations attempted to support the Nazis covertly, but it did not take long for observers to uncover the German bias in its messaging. [31]
The Greater Germanic Reich (German: Großgermanisches Reich), fully styled the Greater Germanic Reich of the German Nation (German: Großgermanisches Reich der Deutschen Nation), [4] was the official state name of the political entity that Nazi Germany tried to establish in Europe during World War II. [5]
Although Hitler was warned by many high-ranking military officers, such as Friedrich Paulus, that occupying Western Russia would create "more of a drain than a relief for Germany's economic situation," he anticipated compensatory benefits such as the demobilisation of entire divisions to relieve the acute labour shortage in German industry, the ...