4d Flashcards
When were the Liberal economic policies implemented
1922-26
What did the government debt shrink to in 1925 from 74.8% in 1922
50.6%
Between 1922-25, what did industrial production increase by
57%
When was the battle of the lira
1925
What did Mussolini set the new exchange rate to in Dec 1927
90 lira
What did grain production increase to from 5.5m tonnes
7m
When was the poor grain harvest
1924
What did the Italian currency increase to from 91.5 lira to the pound in 1922
144.9 lira in 1925
Who did Mussolini replace finance minister de Stefani with
Giuseppe Volpi
What % pay cuts were there
10%
What was the result of the battle for the lira
Goods became nearly twice as expensive, textile industry went into depression
When did unemployment treble
1926-28
During the battle for grain, what did grain imports decrease by
75%
When were the corporate State years
1926-43
What were the aims of liberal economic policies
Reduce massive budget deficit, make large cuts in spending, privatised government owned companies, introduced deregulation, reduced taxation to encourage business growth
What were the aims of the corporate state
Solve the problems of class conflict and industrial unrest, increase the extent of state intervention in the economy, control industry, maximise production for good of nation, help industries prosper, introduce policies that would secure his position in the long term
When was the charter of labour introduced
1927
When was the Palazzo Vidoni Pact between Confindustria and Rossoni’s Fascist trade unions depriving other unions of bargaining rights
1925
When was Rocco law which made strikes and lockouts illegal
April 1926
When was the Ministry of Corporations set up which firms even more under state control
July 1926
When were Fascist syndicates broken into 6 smaller federations for different areas of the economy
1928
When did Mussolini reorganise young ministers in to the ‘Ministry of all the talents’
1929
What sparked the depression of the 1930s
Wall Street Crash of 1929
When did spending on employment creation schemes Triple and how many jobs were created
Between 1929-34 and 240,000
How much social security spending account for of total state expenditure
21%
In 1939, how much shipbuilding did the IRI control, pig iron and steel production
90%, 75% and 45%