Hitler ⇒ had promised German people ⇒ he would get them back to work and restore the economy Situation was terrible ⇒ 5 million unemployed in 1933.
- Nazis acted with energy and commitment ⇒ to solve some of the major problems.
Germany’s finances ⇒ organized ⇒ to fund a huge program of work creation Reich Labor service ⇒ sent men on public works projects and conservation programs.
- in particular ⇒ to build a network of highways or autobahns Railways ⇒ were extended / built from scratch.
There was major house building programs and public housing projects -⇒ such as Reich Chancellery in Berlin
Hitler ⇒ appointed Hjalmar Schacht ⇒ as first president of Reichsbank in March 1933 ⇒ then economics minister in Aug 1934. → by using state regulations such as deficit financing (borrowing money from public through loan bonds with promise of paying them back in future) → he played a critical role in economic recovery and stabilizing German finances ⇒ to fund grand programmed.
Measures ⇒ were effective ⇒ in reducing unemployment ⇒ welcomed by most Germans.