The Economic And Poltical Effects Of The First World War Flashcards
How many men died in the war?
650,000
What did Italy do to get money to fund the war?
Borrowed loans from Britain and the USA
What was the national debt in 1914?
85 billion lire
What economic problems did Italy face after the war?
Inflation
Prices quadrupled
Savings destroyed
Landowners and state employers suffered
Purchasing powers of wages fell by 25%
What was the success for the industrialists?
Production for the war effort
Pirelli tires and Montecatini chemicals
Fiat became the largest producer of commercial vehicles by 1918
What happened to Soldiers returning from the war?
Industries did not take on new workers
Unemployment increased to over 2 million
What did the Socialist party membership rise to by 1919?
200,000
What did the socialists call for?
overthrow the liberal state similar to the russian revolution of 1917
Was there success for the socialists in the 1919 election?
popular in northern cities
32.4 per cent of the vote
156 seats
What type of revolution did the middle classes fear by the socialists?
Bolshevik
Why were conservatives annoyed with the liberal reactions?
the government seemed to be doing nothing to combat the threat of socialism
Why were shopkeepers annoyed at the liberal actions towards the socialists?
June 1919 - government surrendered to riots who were protesting about food prices
Why were landowners annoyed at the Liberal actions towards the socialists?
Peasants had began to occupy uncultivated land and farming it for themselves
agriculturalists were joing socialist trade unions in great numbers
Why were nationalists angry?
they saw that the goverment did not go enough at the paris peace conference. They wanted to capture Fiume alongside the other promised lands
What was the liberal failings of the war called by the nationalists?
A mutilated victory
