Impact Of WW1 Flashcards
Economy- 2million unemployed
WW1 worsened this – leads to ending of business.
Those who are unemployed feel low moral for Italy as a nation.
Soldiers who came back from war that had no work options – Feeling of anger regarding the fight they had just taken
Fiat – who profits during the war but faced
issues after due to a lack of contracts for workers.
Economy: Blackmarket flourished
Selling products for cheaper and illegal products
Businesses are affected as they lose profits
Economy- Inflation
Finance for war was inadequate
Government printed more money
Average price of goods quadrupled
National debt rose from 16 billion lire to 85
billion lire
disposable incomes of the working class fell by 25%
Raw material shortages
Iron and coal reduced-They are unable to make profits to rebuild
there own economy.
Rely on other countries to import goods,leading to increased national debt
Loans from USA and the UK (£459m from GB and £353m from USA)
TAXES ALSO ROSE
Social
North-South divide-North continued to profit-South continued to lose and seen as ‘poorer’
Peasants in the South had illegally gained land as they hadn’t made any increases in the war
Trade union membership rose from 250,000 in 1918 to 2 million 1920
Protect your worker rights due to condition-75 hour work week was common
Resentment from soldiers who fought in the war but not provided work on return
Poor moral – lose of life (500,000 deaths)
Political:
1 million people went on strike as they were unhappy with the current post-war situation
Treaty of London-Sense of betrayal-Promised land – Dalmatia and other colonies not recieved
Government powers increased
Increased press censorship
Lead to resentment in workers
Upper class scared of rising power of lower class
Military
Loss of Life- 500,000 military personal died in war
Defamatory language-Soldiers were called ‘shirkers’ – calling
them cowards
Under appreciated-No jobs-No praise
Battles
Battle of Caporetto
Izonsa
Alpine campaign
5 million conscripted
