economic cost of feeding and paying the soldiers was huge and the government had to finance the 148 billion lire war through borrowing and printing money
this led to a national debt of 85 billion lire and an inflation of 400% on wholesale goods during the war
this meant middle class savings were wiped out
the war had helped unemployment by giving jobs as soldiers but when it was over these people had no jobs to go to
the war had created a boom in war industries like armaments production but after the war there was no longer any need for these and this distorted the economy and heightened unemployment as declining industries would not take on new workers
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Social, Political and Military Impacts
Social:
Factory working hours became longer for little pay
returning soldiers - no employment - resentful - saw wealth some e.g. Fiat had gained
peasants resented conscription + war of attrition = demoralising - high deaths, little gains
Politcal:
Government power increased and parliament became little more than a 'rubber stamp'
more representative of the people but had virtually no power
war caused more divisions: Catholics opposed the war - wrong to fight Catholic Austria
Socialists were gaining more support from angry peasants
EVEN Nationalists were upset due to military failures at war
Military:
5 million conscripted - caused resentment - worsened by general Cadarno's treatment of the soldiers and their low pay and rations
650,000 soldiers killed, more than 1m wounded and the war of attrition caused frustration
defeats such as that at Caporetto where 10 thousand were killed were demoralising
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