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How Successful were Mussolini's Economic Policies?
Transcript of How Successful were Mussolini's Economic Policies?
An emphasis was placed on "productivism"
In 1926 Mussolini began the Battle for the Lira - an attempt to return it to it's 1922 value
Dissolved Trade Unions and abolished the right to strike
Subsidies were given to Italy's industry to increase production
The Battle for Grain was an attempt to support agricultural production so Italy could move to Autarky
The Battle for the Marshes - aimed to clear marshland, making it suitable for farming and decreasing health risks
Battle for Births - aimed to create a larger population by encouraging women to have five or more children
The Sicilian Mafia was almost completely eradicated from the South of Italy The lack of natural resources slowed down industrialization amongst many other things
Italy's weak economy
Mussolini's over ambitious foreign policy was costly not only in terms of manpower but also resources
These colonial adventures were more of a loss than a gain in terms of revenue for Italy
Mussolini's intervention in the Spanish Civil War was incredibly costly and yielded no profit monetarily for Mussolini
Some historians even say that Mussolini had essentially no grasp of economics Conclusion Failures The revaluation of the Lira and return to the gold standard ravaged export industries
The gap between the urban, industrialized North and rural South widened under Mussolini's regime
The Fascist ideological policy of ruralization was counter-productive to the expansion of Italian industry
The Battle for the Marshes failed and the Battle for Grain was counter productive
The Battle for Births was a failure
Under the Corporate state workers and small firms were exploited. The industrialist and the big landowners got richer the poor did not. Successes The Fascist regime extended the electrification of Italy
Heavy machinery production thrived through state investment
Propaganda claimed that the 'Corporate State' was the modern way to solve economic problems
Fascist policies protected the Italian economy from the Great Depression and allowed the modernization of Italy to continue
Between 1922 - 1939 the number of Italian secondary schools increased by 120%
New motorways (autosrada) were built and 5000 kilometers of railways were electrified Italy's Industrial and agricultural infrastructure had been very inefficient before the war, and came out of it even worse.
Italy had huge debts and experienced an extended economic depression.
Prices rose by 50% due to the post-war inflation.
The Biennio Rosso (1919-1920) - Mass Unemployment, strikes and food shortages.
Industrial committees similar to those of the Soviets were formed.
Mussolini set out to remedy the country's lack of strategic resources and to modernize Italy, therefore strengthening its claim to be a great power. How Successful were Mussolini's Economic Policies? By Alexiadis,Cisneros, Deutsch & Renshaw The end. End End End End End End End End End End Despite some minor successes, overall Mussolini's economic reforms were a failure as when it came to the economic strains of WWII, it became apparent that Italy's economy was still extremely weak. Even though industrial production output did increase under Mussolini, it was from a low base and so did other countries as well.In comparison to the economies of the other Great Powers, it was clear that Italy was still quite far behind. Mussolini failed to deal with the poverty in the South.
The main aspects of Mussolini's economic policies, the five Battles, were described by the historian Denis Mack Smith as having: "Successes that were nothing more than illusionary propaganda, won at the expense of the Italian economy in general and consumers in particular" What factors stunted the Italian economy's growth under Mussolini? Johan did nothing