Economic And Social Policies Flashcards

1
Q

What was Mussolini’s economic policy from 1922-25?

A

Abandoned anti-Capitalist ideas of 1919 programme eg nationalisation of the arms industry. Supported liberal ideas of free trade and laisse-faire policies to win over conservatives business interests.

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2
Q

Why did the Italian economy improve in the early 1920s?

A

Global economic boom, leading to decline in unemployment.

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3
Q

Who was finance minister 1922-25 and what were his policies?

A

De Stefani: tax cuts, pursuing pro-business policies, reducing public spending etc

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4
Q

How much did exports of textiles, car and agricultural goods increase from1922-25?

A

Doubled

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5
Q

What di de Stefaihave difficulties with?

A

Rising inflation due to industrial boom.

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6
Q

When was de Stafani replaced and who with?

A

1925, Volpi and saw economic policies becoming more fascist-centred.

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7
Q

What were the four battles?

A

The battle for the lira, the battle for gran, the battle for births and the battle of the marshes

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8
Q

When was the lira revalued?

A

December 1927

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9
Q

What was the lira revalued to?

A

From 150 to 90 lira against the pound.

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10
Q

What was the effect of the revaluation?

A

Marked a period of greater state intervention. Undermined Italian exports, but meant that imports were cheaper benefitting industries such as the steel and rearmament sectors. Relied heavily on foreign imports for war preparation.

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11
Q

How did revaluation of the lira affect living standards?

A

Wages fell more than prices, so living stands declined.

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12
Q

How much did unemployment increase 1926-28?

A

trebled

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13
Q

When was the lira devalued?

A

October 1936

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14
Q

What was the corporate state?

A

A proposed ‘third way’ which aimed to promote cooperation between employers and employees.

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15
Q

When was the structure of corporatism introduced an who by?

A

1926-28 by Rocco

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16
Q

How was the corporate state set up?

A

Separate corporations in significant areas of the Italian economy. Both workers and employees represented. Employers insured they wouldn’t lose control over their factories (as desired by more apical syndicalism fascists)

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17
Q

What issues was the corporate state intended to solve?

A

Disputes between workers and management, disputes abut pay and working conditions, need to improve production

18
Q

When was the Palazzo Vidoni Pact signed?

A

October 1925

19
Q

What was the Palazzo Vidoni Pact?

A

Singed between the industrial employers’ association and the fascists trade union federation. Each recognised the other as the only negotiator for their respective groups, excluding free trades unions from negotiations

20
Q

When were free trade unions dissolved?

A

1926

21
Q

What economic law was introduced in 1926?

A

Labour and Anti-Strike Law, meaning lockouts and strikes could be punished by fiends and imprisonment. Some professions eg teachers banned from being members of trades unions.

22
Q

When was the Ministry of Corporations founded?

A

1926

23
Q

What was the Ministry of Corporations?

A

Oversaw new system.

24
Q

When did the corporate state become fully operational?

A

1934, with corporations in 22 areas of the economy. Not fully supported my Mussolini and more of a propaganda move.

25
Q

What was the Confindustria?

A

Represented Italian business organisations

26
Q

How many corporations had been created by the end of the 1920s?

A

1

27
Q

Why was the corporate state a failure?

A

Didn’t have corporations or all areas until 1934. Employee representatives appointed by fascists. Many industrialists ignored corporations.

28
Q

How was the corporate state used for propaganda?

A

Catholic intellectuals argued it led to Catholic teachings being implemented, looked to the world as if the system was harmonious and functioning.

29
Q

When did the government become more interventionist?

A

Following the Great Depression, 1929

30
Q

What did unemployment rise by due to the Great Depression?

A

From 300,000 to over 1 million

31
Q

Whe was the IRI established and what was it?

A

1933, used state finances to buy worthless shares and land money to industry. Led to elements of Italian industry surging, howler banking system became more or less state owned.

32
Q

Which other area did the government in crease spending on?

A

work creation schemes

33
Q

When was the official policy of autarky announced?

A

1936

34
Q

why was the policy of autarky introduced?

A

Militaristic state preparing for ear, sanctions placed by League of Nations following Ethiopian War.

35
Q

When was the High Commission of Autarky introduced?

A

1937 too upraise policies

36
Q

When was the Battle of the Grain introduced?

A

1925

37
Q

What policies were introduced to achieve autarky?

A

Battle for the Grain, increased currency controls, quotas on imports, created substitutes eg lanital insetad of wool, searches for new energy sources

38
Q

Which goods became less of a priorit?

A

Consumer goods

39
Q

what were negative effects of the policies of autarky?

A

No oil discovered in Italy, lack of fuel, domestic production of fuel met only 1/5 of industrial needs, wheat imports cut but other imports rose, prices increased, Italy unable to join in fighting in 1939

40
Q

When was the battle for births introduced?

A

1927

41
Q

What was the goal for the battle for Births?

A

Increase population from 40 million to 60 million by 1950