ECONOMIC POLICY IMPERIAL GERMANY DURING GREAT WAR 1914-1918

Petr Prokš

Acta Oeconomica Pragensia, 2008, vol. 2008, issue 5, pages 99-108

Abstract: During First World War German government established 134 "war economic society" for assembling and distribution of food-stuff, consumer products, hard goods and raw materials. Germany so determined of war economy with state central bureaucratic methods. German government proclaimed nine "war money lent" for financing of army and war. At the same time the deficit of state budget was increased. In consequence of mobilization, heavy losses at war and conscription of emptiness of skilled workers was raised in war industry. The imperial parliament in Berlin legislated in December 1916 of civilian duty for all men from 17 to 60 years. That way was culminated of total militarisation of social life and economy in Germany. In the end Germany lost of war because of heavy losses at war and economic exhaustion.

Keywords: First World War 1914-1918; economy; Germany (search for similar items in EconPapers)
JEL-codes: N44 (search for similar items in EconPapers)
Date: 2008

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