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Mussolini economic policy
« on: February 16, 2016, 09:30:41 AM »
    Mussolini wanted to build a “Third way” in the economy – neither Capitalist nor Communist! “I shall take the best bits of both capitalism and communism”

    The main thing Mussolini wanted, though, was Autarky.

    At first, the Fascists took a laissez-faire approach.
        Public spending was reduced
        Taxes on war profits reduced
        Mussolini tried to balance the budget
        “What is good for [Fiat] is good for Italy”

    However, from 1929 onwards, Mussolini tried to control the economy.

    Autarky was his main goal. If achieved, it would give Italy economic self-sufficiency – very good in a war, as you don’t rely on anyone for trade! No economic sanctions!

    The Battle for Grain. 75% of Italy’s grain had to be imported!!
        Told farmers he’d pay them a lot if they grew grain, and gave them tractors too.
        So they did, tearing up all their self-sufficient crops.
        When American and Soviet grain became really cheap, Mussolini dropped his farmers like the proverbial hot brick.

    So what happened??
        Without self-sufficient crops, many fell into poverty…
        …And were taken over by the bigger farms.
        However, wheat imports fell by 75%…
        …But exports of olive oil, wine meat and eggs fell, as countries didn’t trade with Italy – “He’s not buying my wheat, I won’t buy his wine. hah!”
        Price of bread rose.

    A huge propaganda campaign was released to try and help them achieve autarky.

    Autarky was always going to be impossible because…
        Virtually no natural resources
        Lands marked for grain failed
        As did the “spoils from a campaign” – Abyssinia for example.
        Still needed to import food.

    Abyssinia had no coal, iron, lands for grain, anything – basically a waste of time! All it achieved was to restore some prestige after Adowa.

    The Battle for the Lira was also launched.
        In 1922 Mussolini fixed the lira at 90 to the £.
        By 1926 it had fallen to 150 to the £.
        In 1927 he fixed it at 92.46 to the £, and 14 to the $. He also reattached it to the gold standard.

    So what happened??
        Professionals/salaried workers benefited from falling prices.
        Undermined smaller firms – many went out of business.
        Damaged Italy’s exports
        Gov wages were cut b 20% to counter deflation!!

    Battle for the Marshes.
        Intended to drain the marshes and build towns there & grow grain.

    So what happened??
        Drained Pontine Marshes - erased Malaria
        New towns built.
        But Southern landowners often blocked the plans as they were offered low prices for land that, when drained, would be worth a lot more!!

    Overall – progress in transport, introduced a system to protect small shops from supermarkets, but left poverty and disease mainly untouched.

source -thestudentroom.co.uk
i thought success was about passing school but i now see that its your mindset


Mussolini - fascism and the church

Started by promise

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Last post February 16, 2016, 09:35:33 AM
by promise

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