Great Depression: Italy

GOAL!

Step 1: Remove Benito Mussolini from power

Step 5: Helping the World

• By 1929, Mussolini had already rose to power as dictator, taken control of Italian schools, and passed many laws to gain more power

• In order to avoid the dangers of fascism, Mussolini would be forced out of power

• A Democracy would be encouraged to ensure satisfaction from the people as they elected their representatives and would therefore follow the plans that would follow

• Tariffs will not be raised on imported goods

• Italy will run on free trade

• Immigration program to allow people from other nations to help build infrastructure in Italy

Step 4: Generating Income

• Only foreigners will be taxed for railroad use

• This income will be put towards further infrastructure construction and clearing land to distribute more farmland to families

3 Main Goals

Step 3: Infrastructure

1) Improve Italy's economy

2) Improve the lives of Italian citizens

3) Improve Italy's global image

• Profits made from exporting crops will be put towards building railways, roads, and canals

• Infrastructure will be heavily focused through farmlands to transport goods

• Construction will help

decrease unemployment

Step 2: Benefit off of Italy's Agriculture

• Land well suited for growing olives/grapes

• Utilize some form of sharecropping

• Surplus of crops will be exported for profits

• Income will lead to next step: Infrastructure

Our Plan to Help Italy Recover from the Great Depression

The Great Depression: Italy

The Renaissance Plan

(Rebirth of Italy)

Fascism in Italy

• Benito Mussolini rose to power in 1922

• He ruled using fascist ideals

• Mussolini started numerous construction projects to improve infrastructure and create more jobs. But, he believed the government should have sole control over the nation and used violence/force to control his people.

• This type of ruling is defined as "a way of organizing a society in which a government ruled by a dictator controls the lives of the people and in which people are not allowed to disagree with the government"

Impact of Great Depression

• High unemployment rates

• Poor economic state of Italy

• Food shortages and strikes broke out

• Bankruptcies

• The government worked drastically to find common ground between economic policies and wages.

Italy After WW1

• Italy was a poor country to begin with when it entered the war

• Faced with huge debts when the war ended

• Inflation rose to around 35%

• Agricultural production drastically declined

• Value of the Lira (Italian monetary unit) was heavily devalued

By: Fredrick Flores

Diana Laskay, Katie Yi, Chris Garrick

Effects of Great Depression in Europe

•The Wall Street Crash in 1929 in America

sent shock waves throughout capital

markets in Europe

•The sharp decline of American imports soon affected European exporters

•Measures were made worst when America restricted international trade