Economic developments in piedmont Flashcards
Commercial and economic growth- what did the government do to promote this
gave a wide range of subsidies to a range of enterprises
by what year did the electric telegraph link turin and paris
1853
when did the building of canals begin
1857 Cavour canal- this boosted the construction industry
what was thriving in the 1840s
the piedmont textile industry – lack of coal so they were domestic industries
how many silk workers and cotton workers were there in 1844
60,000 silk, 114,000 cotton
by how much value had trade increased
300%
what did this government led growth lead to
public debt rose from 120 million lire (1847) to 725 million lire in 1859
when did Piedmont build italy’s first steam ship and what was it called
1855, The Sicilia
which major port was modernised
Port of genoa
what part of infastructure was cavour obsessed with
railways
how many km of railway did piedmont have by the end of the 1850s
850 km
how much railway did the whole of italy have 1850s
1798km
therefore how much of italy’s railway was in piedmont alone
1/3 by the end of 1850s
when was the railway built through the Mount Cenis tunnel
1857, 13 km
With who did cavpur agree a string of trade treaties
Britain, france and belgium
what was the purpose of the trade agreements
forging international links with more advanced western states - furthering piedmonts developments
what did cavour use large foreign loans for
to pay off war indemnity to Austria and to finance his industrial projects
in 1854 much of th railway link between Milan, turin and Genoa was funded by
French banker Rothschild
the mount cenis tunnel was founded by
Parisian bankers including Rothschild
