Asked by Ashley Sanchez on Jun 18, 2024
Verified
Hitler's Germany was an example of a _________ economic system.
A) Capitalist
B) Fascist
C) Communist
D) Socialist
Hitler's Germany
Refers to the period of German history from 1933 to 1945 when the country was under the dictatorship of Adolf Hitler and the National Socialist (Nazi) Party.
Fascist
Describes an authoritarian and nationalistic right-wing system of government and social organization.
Economic System
The structured and organized way by which a society decides on the production, distribution, and consumption of goods and services.
- Absorb the critical principles and objectives associated with distinct economic systems, like capitalism, socialism, and communism.
- Explore the idea of individual compared to collective resource control and its impact on economic efficiency and output.
Verified Answer
MF
Mateo FloresJun 22, 2024
Final Answer :
B
Explanation :
Hitler's Germany had a fascist economic system, which was a variant of socialism that rejected communism and democracy. It emphasized strong government control of key industries and resources, supporting domestic industries and promoting exports, while suppressing labor unions and other forms of dissent. Private property still existed in fascist economies, but the government had significant control over it.
Learning Objectives
- Absorb the critical principles and objectives associated with distinct economic systems, like capitalism, socialism, and communism.
- Explore the idea of individual compared to collective resource control and its impact on economic efficiency and output.