Fascist Economic Policies Flashcards
What was the period 1922-25 called regarding Fascist economic policy?
Phase one: Caution and Prosperity
Name the features of the Phase one period regarding economics.
- continued existence of independent trade unions
- the confindustria were unwilling to give into radical demands
- 1923: palace Chigi pact, which promised the Fascist labour confederation exclusive but was broken, Mussolini didn’t want to be radical let the pact be broken
- Italian exports increased
- government reduced spending, cut taxes on companies
What was the phase called between 1925-30 regarding economics?
Phase 2: Radial False start, compromise and risk
Describe events that happened within phase 2
- 1925: Vidoni palace Pact was agreed, acknowledging only the Confindustria and Fascist Labour confederation as the representatives of capability’s and workers
- rival trade unions were banned
- 1926: Roccos Labour Relations and
- 1927: Labour Charter passed laws saying that the state dominated corporations
1927: mussolini revalued the pound- Quota 90
- mussolini put tariffs on incomes
- 1925 Battle of grain
What is phase 3 of the 1930-35 regarding economics
Phase 3: State intervention and Loss of worker power
What happened within phase three
- intervention was on a large scale
- state funded construction of motorways
- an RI was established to provide loans
How did Salvemini view the acts of corporations
“ like looking in a black room for a black cat”
What was phase 4 1935-1939 regarding economics?
Expanding capitalist, autarky and crisis
Define autarky
Self sufficiency
What triggered Mussolini’s need for autarky?
when the League of Nations sanctions Italy due to Italy invading Abyssinia
What industries benefited Autarky?
- military expansion
- steel
- chemicals
- ship building
- fiat
What policy did the fascist government stray away from between 1922-1935?
The Laissez-faire policy
Name the socialist route of the Fascist economic policies between 1922-1925
- Chigi palace pact- failed
What policies were fascist methods/central control between 1922-25
- n/a
List the capatist policies that Fascists introduced between 1922-25
- Italian exports increased
- cut taxes on companies
- aimed not to alienate business men
- waned good standard of living