Economic policies and the degree of economic recovery; Schacht; Goering; the industrial elites
The Nazi regime used economic policy to reduce unemployment and rearm Germany. Two men ran this policy in sequence: Hjalmar Schacht, then Hermann Goering.
Real World
Krupp Steel, one of Germany's largest industrial firms, saw its profits surge as rearmament contracts flooded in under the Four-Year Plan — illustrating how industrial elites willingly cooperated with Nazi economic goals in exchange for guaranteed orders.
Exam Focus
Distinguish Schacht's orthodox deficit financing from Goering's ideological war economy — conflating them loses marks on 'how far did the economy recover' questions.
Essay Framework
Use PEEL to structure every paragraph. Tap each step for guidance and an example.
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