Italian industry Flashcards

1
Q

What were the 3 main parts of Italian economic history?

A
  • An initial period of struggling with high emigration and stagnant growth
  • A period of robust catch-up from the 1890s to 1980s, interrupted by the great depression and world wars
  • A final period of sluggish growth from which the country is just re-emerging
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2
Q

How economically developed was Italian before unification?

A

Italian statelets were largely agrarian. However, the agricultural surplus produced allowed for the mergence of manufacturing in Piedmont

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3
Q

What was GDP per capita compared to France, Britain and Germany?

A

1/2 of Britain, and 3/4 of France and Prussia

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4
Q

What held back industrialisation in Italy?

A

A lack of iron and coal

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5
Q

What did the 1880s farm crisis lead to?

A

Modern farming methods

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6
Q

What came in between 1878-87 to aid industrialisation?

A

Protectionism

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7
Q

Where was there hydropower potential?

A

The Alpine hills

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8
Q

What developed in the Turin/Milan/Genoa triangle?

A

Milan and Turin led a chemical, textile, engineering and banking boom, while genoa captured civil and military ship building

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9
Q

Which areas were excluded by industrialisation?

A

Venetia and the south

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10
Q

How many Italians emigrated between 1865-1985?

A

29,000,000 (10,000,000 returned)

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11
Q

How many Italians emigrated between 1876-1914?

A

14,000,000, 2/3 of whom were men (5,000,000 returned)

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12
Q

How did Italy cope with the demands of WW1?

A

They fought a successful modern war with 5,000,000 recruits. Italy lost 700,000 men and accumulated a sovereign debt ammounting to billions of lire

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13
Q

What did the unification process break down in the south?

A

The long standing feudal system

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14
Q

Why did agriculture become more unproductive in the south?

A

Because land was divided between heirs

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15
Q

Which areas were most affected by the diaspora?

A

Low income agricultural areas with small peasant landholdings

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16
Q

Define mezzadria

A

A form of share farming where tenant farmers obtained a plot of land to work on from an owner and kept a reasonable share of the profits. It was more prevelant in central Italy, which helps to explain its lower immigration numbers

17
Q

What was the view on farming in the south?

A

It was largely despised, with southerners investing in risky state bonds instead of agriculture

18
Q

Which city proved to be the exception to the north/south disparity?

A

Naples, as it was home to shipyards, machine shops, vehicle makers and Italy’s first railway

19
Q

What did the new post-unification lira do to the southern economy?

A

Crippled it, with exports declining and factories forced to close down

20
Q

Why did the south struggle to keep up with cheap american grain?

A

Because they had not agriculturally modernised to the same extent as Lombardy and Piedmont

21
Q

When did the industrial revolution sweep northern Italy?

A

1897-1913

22
Q

What happened in 1894 Turin?

A

Giovanni Agnelli founded the first fiat works

23
Q

What was built in Pionbino and Elba?

A

Steel plants

24
Q

How did the alps benefit the north?

A

They provided hydroelectric power

25
Q

What did the Edison Company build?

A

Europe’s largest hydroelectric planton the adda river near Palermo

26
Q

What form of electricity production was introduced from 1916?

A

Geothermal

27
Q

What proportion of Italy was industriialised by the start of WW1

A

Less than half

28
Q

How was hydroelectric power put to use?

A

90% of it was used in industry, as it had a 1,000,000 KW capacity

29
Q

There were not enough wealthier Italian aristocrats to maintain the sports car sector. What did Fiat do instead?

A

Engineered lorries, buses and aeroplanes, aswell as working in subsidiary industries. They woud also introduce the Fiat zero for 8,000 lire

30
Q

Italian steel was expensive, what was the response to this?

A

Krupp German processes were copied to increase production from 20,000 tons to 430,000. Companies like Elbon and Fonderie created a native Italian steel industry