Fascist Italy
- Created by: smileyface
- Created on: 13-10-10 23:30
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How well did the liberals deal with Italy's economic problems?
- Problems
- 1) Mainly agricultural and inefficient at that
- "Italietta" -> small scale primitive agriculture
- inefficient methods and equipment
- Low productivity
- E.g : farmers consume 40% of his own crop
- Weak Europe competitors
- 2) Small scale industry
- only 13% of workers employed in industry
- Lack of raw materials ... esp coal and oil
- Which are important for expansion
- they have to buy this from Britain
- Massively expensive
- 8% more than Britain
- companies = small
- Small labor force (refer to stats)
- Only 13% in 1871 were part of the Industry
- No industrial workers in Sicily
- poor transport
- Low productivity
- Weak existing companies
- 3) South's problems
- Agricultural and non- productive
- Lags behind north and barriers progress
- "Millstone around Italy's neck"
- Barriers progress ^ (linked!)
- "Latfundia" --- Poor land
- Peasants work on massive land called Latfundia
- Poor transport
- Result = low productivity
- 4) Debt and its burden
- A result of foreign policy (Adowa)
- 1876 - Italy clears all of its debt
- 1896 - Adowa leads to a budget deficit of 36 million lour
- Cuts on investment in industry, agriculture
- Barrier to economical improvement -.without solving debt it is impossible to solve others
- THIS THEN LEADS TO PRESSURE!
- Pressure
- 1) Liberals are unpopular with people
- no money for the government to give social reform
- E.g... wealth
- Leads to poor living standards
- Makes people unhappy
- Thus liberals need to address it
- 2) Growth of political opposition
- Radical Catholics and socialists
- Want to improve living standard
- Unhappy people support them
- …
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