Question

Who was assigned the responsibility of economic recovery by hitler? What steps were taken by him? Why was he removed?

Answer 1

Thank you for this question. Please find the answer below: 

The responsibility of recovering the German economy was given to Hjalmar Schacht.

Hjalmar Schacht took the following steps for the recovery of the German economy; 

(i) Introduced the Mefo Bills

(ii) Improved local industry. 

(iii) Increased the total GDP. 

(iv) Became the Minister of Economics.

Hjalmar Schacht disagreed with some of Hitler's policies and grew popular. He had an apolitical view and did not like the expenditure done by the German government. Hence, he was removed in 1939.

Answer 2

Answer:

Hitler assigned the responsibility of economic recovery to the economist Hjalmar Schacht, who aimed at full production and full employment for state funded work creation program.