Explain the contribution of schacht economic revovery of germany
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The Nazis viewed economics as a foundation to their future Ideological goals. The Nazis entered government in 1933 with a set of outcomes that they wanted to achieve through economics, but not a clear policy to achieve this. The outcomes they wanted to achieve were economic stability, an end to unemployment, and autarky.
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Hjalmar Schacht was appointed President of the Reichsbank on the 17 March 1933. Having previously brought Germany out of the hyperinflation crisis in 1923, Schacht was a well-respected banker. His appointment helped to calm many people's fears about the radical nature of the Nazi Party.
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