Summary of Bismarck’s domestic policy in Germany, 1871-90

*There were also the following benefits for certain groups in society

Download 44 Kb.
Size44 Kb.
1   2   3   4   5   6   7   8   9   10   11
*There were also the following benefits for certain groups in society:

-Big businesses who, with Bismarck’s encouragement, established Cartels, which were federations of businesses who, in cooperation with each other, could totally dominate the market for a certain industry, thereby being able to dictate prices. Ninety such cartels existed in Germany by 1885.

-Middle Class entrepreneurs able to become very rich and, using their wealth, emulate the aristocracy by buying up big country mansions and impressive sounding titles, a course of action followed by the Krupps (following the enterprises of the weapon inventor and industrialist, Alfred Krupp). Other middle class families who made their fortunes included the Siemens, Rathenaus, the Thyssens, and the Furstenbergs.

-The Junkers who, although they had been forced by the increasing industrialisation and resulting rural depopulation, to sell many of their lands to the rising middle classes, were allowed to survive in a system whereby Bismarck allowed them to keep their privileges as well as continuing to dominate the Prussian Landtag (Upper parliamentary house) as well as local government (allowing them to get away with flagrant tax evasion).

-More enterprising and ambitious farmers (with some initial capital to invest in the new machinery and fertilisers becoming available) were able to benefit from the increased demand for food from the growing towns, and from the protection of their prices offered by his tariffs, leading to four million extra acres of land being cultivated between 1880 and 1890.

Share with your friends:
1   2   3   4   5   6   7   8   9   10   11

The database is protected by copyright © 2020
send message

    Main page