The Economy in 1939: Further Moves to a War Economy
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This chapter summarises the developments of industrial and war production in 1939 under the impact of the additional measures for war mobilisation taken at the time. With little overall expansion of the economy, the main burden would have fallen on consumers, but the pressure on living standards was softened as consumers were able to reap the last of the benefit from the record harvest of 1937. The second half of 1939 was dominated by the sudden warming of Soviet-German relations and the opening of the Soviet economy to German trade as the Second World War began.