Scribd Logo
Cargar

¡Te damos la bienvenida a Scribd!

  • Mussolini's Economic Policies

    Cargado por

    Ania Cizel
    212 vistas14 páginas
    Mussolini initially pursued largely liberal economic policies in Italy from 1922-1925, favoring industry with public spending reductions and tax cuts. However, structural weaknesses increased inflation and the currency declined. From 1925 onward, Mussolini implemented policies to gain economic self-sufficiency and stability through currency fixing, land reclamation, and promoting cartels. However, workers and small firms faced exploitation under the corporate state model, and Italy's structural economic problems remained unsolved as living standards remained low and the economy became increasingly dependent on military production by the late 1930s.

    Descripción original:

    Título original

    Mussolini’s economic policies

    Derechos de autor

    © Attribution Non-Commercial (BY-NC)

    Formatos disponibles

    PPTX, PDF, TXT o lea en línea desde Scribd

    ¿Le pareció útil este documento?

    ¿Este contenido es inapropiado?

    Denunciar este documento
    Mussolini initially pursued largely liberal economic policies in Italy from 1922-1925, favoring industry with public spending reductions and tax cuts. However, structural weaknesses increased inflation and the currency declined. From 1925 onward, Mussolini implemented policies to gain economic self-sufficiency and stability through currency fixing, land reclamation, and promoting cartels. However, workers and small firms faced exploitation under the corporate state model, and Italy's structural economic problems remained unsolved as living standards remained low and the economy became increasingly dependent on military production by the late 1930s.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Descargue como PPTX, PDF, TXT o lea en línea desde Scribd
    Marcar por contenido inapropiado
    212 vistas14 páginas

    Mussolini's Economic Policies

    Cargado por

    Ania Cizel
    Mussolini initially pursued largely liberal economic policies in Italy from 1922-1925, favoring industry with public spending reductions and tax cuts. However, structural weaknesses increased inflation and the currency declined. From 1925 onward, Mussolini implemented policies to gain economic self-sufficiency and stability through currency fixing, land reclamation, and promoting cartels. However, workers and small firms faced exploitation under the corporate state model, and Italy's structural economic problems remained unsolved as living standards remained low and the economy became increasingly dependent on military production by the late 1930s.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Descargue como PPTX, PDF, TXT o lea en línea desde Scribd
    Marcar por contenido inapropiado
    de 14

    MUSSOLINIS ECONOMIC POLICIES

    MICHAL MAZURKIEWICZ

    EARLY ECONOMIC POLICIES 1922-25


    Largely liberal Laissez-fare policies favoring industry Public spending was reduced Taxes on war profits reduced

    Mussolini tried to balance the budget


    Up until 1925 the country enjoyed modest growth but structural weaknesses increased inflation and the currency slowly fell.

    In 1925 there was a great increase in speculation and short runs against the lira.

    ECONOMIC BATTLES
    Lira [1926] to fix the lira at a rate of 90 to the English pound () to reduce inflation to confirm the image of Fascism bringing stability to show the world that Italy could be a great force, with a strong currency Grain [1925-] Italy should be sufficient in grain Marshes [1928-38] Intended to drain the marshes and build towns there & grow grain. Drained Pontine Marshes - erased Malaria New towns built.

    KEY AREAS OF ECONOMIC POLICY


    Agriculture Industry Transport Trade

    Taxation
    Main problem of Italy: Virtually no natural resources

    AUTARKY
    The dream: Self sufficiency Why? Measures: Outcomes:

    GREAT DEPRESSION 1929


    Withdrawal of American investment IMI (organization to support the banks) 31 IRL (institute for industrial reconstruction) 33 Cartels & price fixing

    Public works
    Mussolini able to hold office

    CORPORATIVISM
    Third way advantages of both capitalism and socialism Promote national interest above sectional interests Harmonious cooperation between workers and employers to assist production Conservative nationalist ideas to increase nationalist production

    THE CORPORATE STATE


    Representation within corporations was unbalanced Powers subordinated to Mussolini Exploitation of workers Vast bureaucracy

    Position of industrial elites not challenged


    Limited state intervention in the organization of industry

    1935 ONWARDS
    Economy in state of war Favoring industries supplying military needs Increase budget deficit Weaker elite commitment

    WELFARE IN FASCIST ITALY


    Aim: Measures: Assessment:

    10

    STANDARDS OF LIVING
    Average real wages 1923-1938

    11

    ASSESSMENT
    +
    1.
    2.

    1.
    2.

    Industrial output did increase


    However, it was from a low base and so did other countries as well Italy did not suffer as badly as other countries in the Great depression. Great strides in road and railways and hydroelectric power.

    Italy was unprepared for War.


    Under the Corporate state workers and small firms were exploited. The industrialist and the big landowners got richer the poor did not. Working class Italians got poorer and worked harder. Wages dropped by 10% in real terms. The Middle classes suffered far less. The structural problems of Italy were not solved North South divide, corruption, rural poverty and low productivity remained. Living standards were low and there were few consumer goods.

    3.

    3.

    4.

    4.

    5.

    Some success in reclaimed land and grain production.

    5.

    12

    ECONOMIC HEALTH IN PERSPECTIVE

    13

    14

    También podría gustarte