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Mention the two main economic aims of the Nazi State. What policies did the Nazis follow to achieve these aims ?

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(i) Full employment : The idea that everyone should have a job. By 1939, there was virtually no unemployment in Germany. 

(ii) To maintain the support of the population. (.i.e., feeding the population, providing basic needs). 

(iii) To make Germany a global military and industrial superpower. 

(iv) Hitler’s economic reforms. 

(v) He introduced five year plans to have greater production. 

(vi) Factories were set up to provide work to the labourers. 

(vii) Industrialist and agricultural production and trade were encouraged. 

A food corporation was established to control food production, its pricing and distribution. Price controls were introduced and incentives were provided for workers. 

Imports and exports were controlled to maintain favorable trade balance. The production of heavy armaments, airplanes and naval ships on a large scale was increased.

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