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Nazi Germany prepared for war and many people had to work for that. Germany had less unemployment. But the things produced, were for a huge war machine. Finance
by lispm 10y ago
Nazi Germany prepared for war and many people had to work for that. Germany had less unemployment. But the things produced, were for a huge war machine. Financed with debt and the hope to loot other countries. In other areas the youth was forced to work for the regime.
Many people were happy that they were employed. 1933-39 Soon many of them or their relatives were dead, because their work created the ships, the tanks, the planes, the weapons, the industry for the war.
This large reduction of unemployment was what people thought of being successful economic policy. If you talked to people from that time, they saw Hitler's policy in rosy pictures. After the mass unemployment, suddenly there was hope. But it wasn't for long. The financing was not sound. The purpose was clear: fight a war, either win or die.
Hardly successful economic policy.
https://en.wikipedia.org/wiki/Economy_of_Nazi_Germany https://en.wikipedia.org/wiki/Economy_of_Nazi_Germany