wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

VERY SHORT ANSWER TYPE QUESTION
Hitler assigned the responsibility of economic recovery to the economist Hjalmar Schacht. Then why did he remove him?

Open in App
Solution

Schacht had advised Hitler against investing hugely in rearmament as the state still ran on deficit financing. Cautious people like Schacht had no place in Nazi Germany. He was immediately removed.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Great Depression
HISTORY
Watch in App
Join BYJU'S Learning Program
CrossIcon