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Please answer the following questions in response to module 7 ppt and the “German Economic Miracle” Reading.
1. Explain the Weimer Regime’s role in helping Hitler to establish his economic system.
2. Explain Hitler’s logic behind establishing tight price and wage controls.
3. What were some of the weaknesses Germany faced in its price and wage control system?
4. Explain the German Banking System Collapse from what caused it to solutions proposed for it.
5. What was the significance of Hitler’s price stop being unannounced?
6. What does the presence of a black market in Hitler’s economy reveal about markets?
7. Explain the conflict between Ludwig Erhard and Germany’s Social Democratic Party regarding how to fix Germany’s economy. Who won and why?
8. What 3 factors picked up the German economy after WWII and created the so called German Economic Miracle? What effect did they have on the German economy?
