The economy. Flashcards
When was De Stefani?
1922 - ‘Lassez-Fair’
What policies did De Stefani introduce?
Reduce government.
Reduced government spending
Phone network privatised
Taxes cut for companies that boomed during the war.
Was the economy successful as of 1922?
Still experiencing the wartime boom.
High Commission on Autarky set up?
1937
Why was there a need for Autarky?
To ensure self-sufficiency for the war with Ethiopia and the second world war.
How much of shipbuilding was owned by the state, as of 1930?
80%
How much of the steel industry was owned by the state, by 1930?
50%
What had shown the economic vulnerability of Italy?
League of Nations sanctions on wheat, textiles and steel.
What two new products were made to replace textiles they previously imported?
Lantinal and Rayon
When was the ‘Battle for the Lira’ announced?
1926
What was Quota 90’?
When the Lire was revalued from £150 to £90.
What were the negatives of the battle of the Lire?
Made exporting goods more expensive.
What did ‘Autarky’ do to Tarriffs on bread?
increased them to 12%
What could we suggest the battle of the Lire did to unemployment figures?
x3 unemployment between 1926-28
When was the ‘Battle for Grain’?
1924 -“Liberate Italy slavery of foreign grain”.
