Economy Of Nazi Germany
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Economy Of Nazi Germany
Like many other nations at the time, Germany suffered the economic effects of the Great Depression, with unemployment soaring after the Wall Street crash of 1929. When Adolf Hitler became Chancellor of Germany in 1933, he introduced policies aimed at improving the economy. The changes included privatization of State-owned enterprise, state-owned industries, tariffs, and an attempt to achieve autarky (national economic self-sufficiency). Weekly earnings increased by 19% in real terms from 1933 to 1939, but this was largely due to employees working longer hours, while the hourly wage rates remained close to the lowest levels reached during the Great Depression. Reduced foreign trade would mean rationing of consumer goods like poultry, fruit, and clothing for many Germans. The Nazism, Nazis believed in war as the primary engine of human progress, and argued that the purpose of a country's economy should be to enable that country to fight and win wars of expansion. As such, almost ...
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Valentin Submarine Pens
The Valentin submarine factory is a protective shelter on the Weser River at the Bremen suburb of , built to produce and launch German U-boats during World War II. The factory was under construction from 1943 to March 1945 using forced labour, but was damaged by air-raids before U-boat production could begin. The Valentin factory was the largest fortified U-boat facility in Germany, and was second only to those built at Brest, France, Brest in France. As a manufacturing facility, it differed from conventional U-boat pens, which were designed to house and service operational U-boats. Construction Production of U-boats by German shipyards had been dramatically reduced as a result of bombing by the Royal Air Force and the United States Army Air Forces, necessitating the creation of bomb-proof production sites. Many such sites were in use in 1944, including the U-boat pen ''Nordsee III'' on the German island of Helgoland, ''Fink II'' and ''Elbe II'' in Hamburg and ''Kilian'' in Kiel ...
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Chromium
Chromium is a chemical element; it has Symbol (chemistry), symbol Cr and atomic number 24. It is the first element in Group 6 element, group 6. It is a steely-grey, Luster (mineralogy), lustrous, hard, and brittle transition metal. Chromium is valued for its high corrosion resistance and hardness. A major development in steel production was the discovery that steel could be made highly resistant to corrosion and discoloration by adding metallic chromium to form stainless steel. Stainless steel and chrome plating (electroplating with chromium) together comprise 85% of the commercial use. Chromium is also greatly valued as a metal that is able to be highly polishing, polished while resisting tarnishing. Polished chromium reflects almost 70% of the visible spectrum, and almost 90% of infrared, infrared light. The name of the element is derived from the Ancient Greek, Greek word χρῶμα, ''chrōma'', meaning color, because many chromium compounds are intensely colored. Indust ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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Chancellor Of Germany
The chancellor of Germany, officially the federal chancellor of the Federal Republic of Germany, is the head of the federal Cabinet of Germany, government of Germany. The chancellor is the chief executive of the Federal Government of Germany, Federal Cabinet and heads the executive branch. The chancellor is elected by the Bundestag on the proposal of the President of Germany, federal president and without debate (Article 63 of the Basic Law for the Federal Republic of Germany, German Constitution). During a state of defence declared by the Bundestag the chancellor also assumes the position of commander-in-chief of the Bundeswehr. List of chancellors of Germany, Ten people (nine men and one woman) have served as chancellor of the Federal Republic of Germany, the first being Konrad Adenauer from 1949 to 1963. (Another 26 men had served as "Reich chancellors" of the previous German Empire from 1871 to 1945.) The current officeholder is Friedrich Merz of the Christian Democratic Un ...
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Adolf Hitler
Adolf Hitler (20 April 1889 – 30 April 1945) was an Austrian-born German politician who was the dictator of Nazi Germany from 1933 until Death of Adolf Hitler, his suicide in 1945. Adolf Hitler's rise to power, He rose to power as the leader of the Nazi Party, becoming Chancellor of Germany#Nazi Germany (1933–1945), the chancellor in 1933 and then taking the title of in 1934. His invasion of Poland on 1 September 1939 marked the start of the Second World War. He was closely involved in military operations throughout the war and was central to the perpetration of the Holocaust: the genocide of Holocaust victims, about six million Jews and millions of other victims. Hitler was born in Braunau am Inn in Austria-Hungary and moved to German Empire, Germany in 1913. He was decorated during his service in the German Army in the First World War, receiving the Iron Cross. In 1919 he joined the German Workers' Party (DAP), the precursor of the Nazi Party, and in 1921 was app ...
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Great Depression
The Great Depression was a severe global economic downturn from 1929 to 1939. The period was characterized by high rates of unemployment and poverty, drastic reductions in industrial production and international trade, and widespread bank and business failures around the world. The economic contagion began in 1929 in the United States, the largest economy in the world, with the devastating Wall Street stock market crash of October 1929 often considered the beginning of the Depression. Among the countries with the most unemployed were the U.S., the United Kingdom, and Weimar Republic, Germany. The Depression was preceded by a period of industrial growth and social development known as the "Roaring Twenties". Much of the profit generated by the boom was invested in speculation, such as on the stock market, contributing to growing Wealth inequality in the United States, wealth inequality. Banks were subject to laissez-faire, minimal regulation, resulting in loose lending and wides ...
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Turkey
Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armenia, Azerbaijan, and Iran to the east; Iraq, Syria, and the Mediterranean Sea to the south; and the Aegean Sea, Greece, and Bulgaria to the west. Turkey is home to over 85 million people; most are ethnic Turkish people, Turks, while ethnic Kurds in Turkey, Kurds are the Minorities in Turkey, largest ethnic minority. Officially Secularism in Turkey, a secular state, Turkey has Islam in Turkey, a Muslim-majority population. Ankara is Turkey's capital and second-largest city. Istanbul is its largest city and economic center. Other major cities include İzmir, Bursa, and Antalya. First inhabited by modern humans during the Late Paleolithic, present-day Turkey was home to List of ancient peoples of Anatolia, various ancient peoples. The Hattians ...
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Soviet Union
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ...
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Kingdom Of Romania
The Kingdom of Romania () was a constitutional monarchy that existed from with the crowning of prince Karl of Hohenzollern-Sigmaringen as King of Romania, King Carol I of Romania, Carol I (thus beginning the Romanian royal family), until 1947 with the abdication of King Michael I of Romania, Michael I and the Romanian parliament's proclamation of the Socialist Republic of Romania, Romanian People's Republic. From 1859 to 1877, Romania evolved from a personal union of two Principality, principalities: (Moldavia and Wallachia) called the Unification of Moldavia and Wallachia also known as "The Little Union" under a single prince to an autonomous principality with a House of Hohenzollern, Hohenzollern monarchy. The country gained its independence from the Ottoman Empire during the Russo-Turkish War (1877–1878), 1877–1878 Russo-Turkish War (known locally as the Romanian War of Independence), after which it was forced to cede the southern part of Bessarabia in exchange for Northern ...
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Estado Novo (Portugal)
The ''Estado Novo'' (, ) was the Corporate statism, corporatist Portuguese state installed in 1933. It evolved from the ''Ditadura Nacional'' ("National Dictatorship") formed after the 28 May 1926 coup d'état, ''coup d'état'' of 28 May 1926 against the unstable First Portuguese Republic, First Republic. Together, the ''Ditadura Nacional'' and the ''Estado Novo'' are recognised by historians as the Second Portuguese Republic (). The ''Estado Novo'', greatly inspired by conservative and autocratic ideologies, was developed by António de Oliveira Salazar, who was Prime Minister of Portugal, President of the Council of Ministers from 1932 until illness forced him out of office in 1968. Opposed to communism, socialism, syndicalism, anarchism, liberalism and anti-colonialism, the regime was conservative, corporatist, and nationalist in nature, defending Religion in Portugal, Portugal's traditional Catholicism. Its policy envisaged the perpetuation of Portugal as a pluricontinenta ...
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Sweden
Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic country by both area and population, and is the List of European countries by area, fifth-largest country in Europe. Its capital and largest city is Stockholm. Sweden has a population of 10.6 million, and a low population density of ; 88% of Swedes reside in urban areas. They are mostly in the central and southern half of the country. Sweden's urban areas together cover 1.5% of its land area. Sweden has a diverse Climate of Sweden, climate owing to the length of the country, which ranges from 55th parallel north, 55°N to 69th parallel north, 69°N. Sweden has been inhabited since Prehistoric Sweden, prehistoric times around 12,000 BC. The inhabitants emerged as the Geats () and Swedes (tribe), Swedes (), who formed part of the sea-faring peopl ...
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