Economic Policies

Question 1

Focuses of finance minister

Answer 1

tax cuts
Reducing or abolishing taxes on war profits
Gaining a budget surplus
reduced public spending

Question 2

Lira Revalued

Answer 2

150 lira to 90 lira against the British pound

Question 3

Consequences of Battle of Lira

Answer 3

Living standards declined
Wages fell more than prices
Export industries such as car manufacturing suffered in late 1920s

Question 4

Corporate state

Answer 4

where workers and employers would cooperate to maximise production

Question 5

Ministry of corporations

Answer 5

1926

Question 6

Decline in Italian stocks and shares

Answer 6

35%

Question 7

Manufacturing decline

Answer 7

down 14% 1932 compared to 1929

Question 8

Rise of unemployment due to GD

Answer 8

300,000 to over 1,000,000

Question 9

IMI and IRI set up

Answer 9

1931
Focused on rescuing Italian industry and banks

Question 10

% of shipbuilding that became nationalised

Answer 10

80%

Question 11

% of steel production that became nationalised

Answer 11

50%

Question 12

Real wage decrease due to Autarky

Answer 12

10%

Question 13

Aim for Battle for Births

Answer 13

Increase Italian pop from 40 mill to 60 mill by 1950

Question 14

Birth rate decline

Answer 14

112 per 1000 in 1936 compared to 147 per 1000 in 1911

Question 15

Rise in wheat production

Answer 15

50%

Question 16

Rise in urban population

Answer 16

50%

Question 17

Mussolini Law

Answer 17

1928
Promised huge sums of money towards land reclamation

Question 18

Mothers given medals

Answer 18

1933, 93 mothers who had produced a total of 1300 children were rewarded at a ceremony

Question 19

Wheat import decrease

Answer 19

75% 1925-35

Question 20

Bachelor tax

Answer 20

Men who had more than 6 children exempt from taxation