March 12, 2023

How did Hitler turn the German economy around?

The article discusses the economic policies implemented by Adolf Hitler in Germany during the 1930s. After taking office as Chancellor in 1933, Hitler implemented a series of measures to transform the German economy and restore national confidence. These policies focused on rearmament, public works, and job creation. They also included the introduction of a new currency, the Reichsmark, and the reorganization of the banking system. In addition, Hitler promoted a policy of autarky, or self-sufficiency, to make the German economy less dependent on foreign trade. Through these measures, Hitler was able to turn Germany's economy around and create jobs for millions of people. Ultimately, his efforts helped to restore German confidence and lay the foundation for the country's recovery from the Great Depression.