Germany since 1789 by Unknown

Author:Unknown
Language: eng
Format: epub
ISBN: 9781137350077
Published: 2020-09-30T00:00:00+00:00

See Documents 61 and 62

6 ‘The charismatic Führer’. The front page of the supplement to 12 Uhr Blatt celebrating Hitler’s 50th birthday, 20 April 1939

Sonderbeilage 12 Uhr Blatt, 20 April 1939, front page

The economy

In January 1933 the Hitler government was confronted with formidable economic problems. The German economy was practically bankrupt and the official unemployment rate was well over six million, and in reality possibly as high as eight or nine million. Industrial production had declined to the levels of the 1890s, the volume of German trade had sunk by 50 per cent, and agriculture was burdened with debt and was uncompetitive internationally. If the Nazi regime was to survive, it had to honour its pledges drastically to reduce unemployment and revive industrial production.

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