Italian economy 1911-46 Flashcards

(45 cards)

1
Q

What significant economic event occurred in Italy in 1911?

A

The Italian economy underwent a period of expansion and modernization.

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2
Q

True or False: Italy was a major industrial power by 1914.

A

True.

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3
Q

What was the impact of World War I on the Italian economy?

A

It caused significant destruction and led to economic instability.

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4
Q

Fill in the blank: The period of economic turmoil in Italy after World War I is known as the _______.

A

Post-war recession.

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5
Q

What major political movement emerged in Italy during the 1920s?

A

Fascism.

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6
Q

How did Mussolini’s regime affect the Italian economy?

A

It implemented policies of state intervention and corporatism.

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7
Q

What was the goal of the Battle for Grain initiated by Mussolini?

A

To achieve self-sufficiency in grain production.

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8
Q

Multiple Choice: What year did the Italian government declare a corporate state?

A

1926.

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9
Q

True or False: The Italian economy recovered fully by the mid-1930s.

A

False.

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10
Q

What economic policy did Italy adopt in response to the Great Depression?

A

Autarky.

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11
Q

Fill in the blank: The Italian economy was heavily influenced by _______ during the 1930s.

A

Fascist ideology.

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12
Q

What was the outcome of Italy’s involvement in World War II on its economy?

A

Severe destruction and economic collapse.

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13
Q

What was the role of the Istituto per la Ricostruzione Industriale (IRI)?

A

To manage state-owned enterprises and stimulate economic recovery.

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14
Q

True or False: Italy experienced hyperinflation during the 1920s.

A

False.

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15
Q

What was the primary focus of Italian industrial policy in the 1930s?

A

Heavy industry and military production.

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16
Q

Fill in the blank: The economic policies of Mussolini were often characterized by _______.

A

Centralization and control.

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17
Q

Which sector saw significant growth during the fascist regime?

A

The military-industrial complex.

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18
Q

What was the impact of the 1936 Ethiopian War on the Italian economy?

A

It strained resources and further isolated Italy internationally.

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19
Q

Multiple Choice: Which of the following was a consequence of Italy’s defeat in World War II?

A

Economic devastation and loss of colonies.

20
Q

What was Italy’s economic condition immediately after World War II?

A

Severe poverty and destruction.

21
Q

True or False: The Marshall Plan helped to stabilize the Italian economy post-World War II.

22
Q

Fill in the blank: The Italian economy transitioned to a _______ system after the war.

A

Mixed economy.

23
Q

What was the significance of the 1948 Italian Constitution for the economy?

A

It emphasized economic rights and social welfare.

24
Q

What role did agriculture play in Italy’s economy during the early 20th century?

A

It was a dominant sector, though it began to decline in importance.

25
What economic strategy did Italy pursue during the 1930s to combat the effects of the Great Depression?
Self-sufficiency and protectionism.
26
Fill in the blank: The Italian economy was characterized by a large _______ sector in the 1920s.
Agricultural.
27
What was the primary challenge for the Italian economy during the interwar period?
Balancing industrial growth with agricultural needs.
28
True or False: Italy was a founding member of the European Economic Community.
True.
29
What was the impact of the fascist regime's policies on small businesses?
Many small businesses struggled or failed due to state control.
30
Multiple Choice: What event marked the beginning of Italy's economic recovery after World War II?
The Marshall Plan.
31
Fill in the blank: The Italian economy began to experience a boom in the _______ years.
1950s.
32
What was the 'Italian Economic Miracle'?
A period of rapid economic growth and industrialization after WWII.
33
True or False: The Italian economy was primarily based on heavy manufacturing by 1946.
False.
34
What major economic reforms were enacted in Italy after WWII?
Land reforms and nationalization of key industries.
35
Fill in the blank: The 1946 referendum led to the establishment of a _______ in Italy.
Republic.
36
What was the primary objective of the Italian government post-1946?
Economic reconstruction and modernization.
37
Multiple Choice: Which sector faced significant challenges during the interwar period?
Agriculture.
38
What was the impact of fascist propaganda on the Italian economy?
It promoted national pride in industrial achievements.
39
Fill in the blank: The economy of Italy in the 1930s was characterized by _______ and militarization.
Autarky.
40
What was the significance of the 1929 Stock Market Crash for Italy?
It exacerbated existing economic issues and led to more authoritarian policies.
41
True or False: Italy's economy was primarily export-driven during the 1920s.
False.
42
What was a major consequence of Italy's colonial ambitions in the 1930s?
Increased military spending and economic strain.
43
Fill in the blank: The economic policies of Mussolini aimed to create a _______ economy.
Fascist.
44
What role did the Italian banking sector play during the interwar period?
It was heavily regulated and influenced by the state.
45
Multiple Choice: What was a major factor in Italy's economic struggles after World War I?
High unemployment and inflation.