Key points about the Fascist economy

Question 1

there was no distinctly F economic policy

Answer 1

initially BM adopted laissez-faire policies; later there was more govt intervention

Question 2

BM was prepared to distort the economy for the

Answer 2

sake of his own, often unwise, priorities

Question 3

The BfG increased

Answer 3

grain production BUT at the expense of the rest of agriculture

Question 4

The BfL raised

Answer 4

the value of the currency at the cost of harming industry and lowering wages

Question 5

Autarky

Answer 5

was unwise given Italy’s limited resources

Question 6

When was the state forced to intervene more in the economy?

Answer 6

1930s- IRI rescues 20% of overall industries

Question 7

BM claimed the CS was the 3rd way, but

Answer 7

it was more important for propaganda purposes than in its actual effects

Question 8

Public works and extended welfare reduced the impact of the GD but

Answer 8

there was NO systematic welfare system. OND provided subsidised leisure facilities

Question 9

Workers’ living standards suffered as the regime favoured

Answer 9

the employers

Question 10

Overall there was modest growth but NO

Answer 10

major transformation of the economy