Mussolinis Battles: Case, Lira

Question 1

the battle for Lira can be seen as the ———– for Mussolini’s dictatorship

Answer 1

epicentre

Question 2

what does SLICED stand for?

Answer 2

Stronger
Lira
Imports
Cheaper
Exports
Dearer

Question 3

what did Mussolini want to do with the Lira

Answer 3

increase the value

Question 4

what made Mussolini want to do this?

Answer 4

Lira fell to 150: £1

Question 5

who warned him against increasing the Lira value?

Answer 5

Destafani, saying it should only be increased to 120 at the most

Question 6

what were the aims of Mussolini increasing lira value?

Answer 6

• wanted to return it to the value it was at the start of his role as PM
• wanted to return it to the Gold standard

Question 7

Mussolini said he would _____________

Answer 7

defend the lira until his last breath

Question 8

what did Mussolini raise the Lira to?

Answer 8

90:£1 (Quota 90)

Question 9

what was the minor success of the Battle for Lira?

Answer 9

that chemical and steel companies were import free

Question 10

what were the disadvantages of the Battle?

Answer 10

• world market damaged Italian export
• Balance of Payment worsened, pushing Italy to recession
• tariffs on imporrts were raised
• Between 1925- 1938, Italian exports fell
• bigger business took over smaller businesses
• wages cut
• unemployment raised
• tariff war impacted consumers

Question 11

what were tariffs raised by?

Answer 11

12%

Question 12

what did exporrts fall by?

Answer 12

49%

Question 13

when was the battle for lira?

Answer 13

1926