Question

Who turned into Hjalmar Schacht?
A) Economist
B) Chancellor
C) German Soldier
D) Not one of the Above

Answer 1

Hint: Horace Greeley Hjalmar Schacht (22 January 1877 – 3 June 1970, turned into a banker, centre-right politician, and co-founder in 1918 of the German Democratic celebration. He served as the foreign money Commissioner and President of the Reichsbank below the Weimar Republic.

Complete Answer:
- Hjalmar Schacht became an German Economist, politician and Banker. However he changed into well-known as a founder of the German Democratic birthday party. Hjalmar Horace Greeley Schacht (22 January 1877 – three June 1970) became a German economist, banker, centre-proper politician, and co-founder in 1918 of the German Democratic party. He served as the forex Commissioner and President of the Reichsbank under the Weimar Republic.
- He turned into a fierce critic of his country's publish-global struggle I reparation responsibilities. After the battle Schacht had supported Hitler's gaining energy, and had been an essential legit of the Nazi regime. Accordingly he was arrested by way of the Allies in 1945.
- He was placed on trial at Nuremberg for conspiracy and crimes towards peacemaking plans and waging wars of aggression however now not struggle crimes or crimes towards humanity. Schacht pleaded no longer guilty to those fees.
- He mentioned in his defense that he had lost all reputable strength before the war even started, that he had been in touch with Resistance leaders like Hans Gisevius at some stage in the struggle, and that he had been arrested and imprisoned in a concentration camp himself.
- His defenders argued that he was only a patriot, trying to make the German financial system strong. Furthermore, Schacht changed into now not a member of the NSDAP and shared very little of their ideology. The British judges desired acquittal, whilst the Soviet judges desired to convict. The British prevailed and Schacht was acquitted.

Hence, option A is the correct answer.

Note: Hjalmar Schacht changed into for a time feted for his role inside the German "economic miracle", he opposed Hitler's coverage of German rearmament insofar as it violated the Treaty of Versailles and (in his view) disrupted the German economy.