History SL – The Impact of the Depression on Italy

Fascism
Which government system had gained attention due to being able to survive the great depression?

1929
When is the Wall Street Crash? (year)

Britain, France, America
Who were Italy’s main trading partners before the Great Depression?

No, as the great depression hit the industrial nations in Europe very hard, but Italy has a relatively lower degree of industrial development since it has an agricultural nation. In fact, Italy is one of the few countries who have survived in the Great Depression.
Is Italy the most harmed country by the Great Depression?

Trading relationships are affected, as most countries such as Britain are securing their trading relationships with its colonized countries, instead of trading with Italy; More and more countries cannot afford purchasing export goods and Italy has economic losses due to the Great Depression.
How is Italy affected by the Great Depression in terms of economic impact?

In order to survive in the Great Depression/
Reduce the Great Power’s influence on Italian Economy/This allows Mussolini to export manufactured goods to the new trading partners, which improves Italy’s economy.
Why did Italy trade more extensively with countries like Austria, Hungary, Romania, etc. during the Great Depression?

Britain
Which country has established a system of imperial preference during the Great Depression?

Mussolini and its fascist government.
During the Great Depression, who shaped and controlled Italian economy?

The great depression had lead to dramatic fall in international trade.
Did the great depression have a huge impact on international trades?

1932
When was the Industrial Reconstruction Institute formed?

It was intended to take control of companies that are owned by the bank for the purpose of allowing Italy to become the largest state-owned industrial sector in Europe.
What was the Industrial Reconstruction Institute?

Mussolini has imposed government intervention in the failing sections of the economy and was called economic battles. This was one of the policies that Mussolini has adopted in the face of the Great Depression’s economic effects.
What were the reactions of the Italian Fascist government to the Great Depression?

The practice of spending funds in excess of income, especially by a government to stimulate economy. During the Great Depression, Mussolini had borrowed a lot of money to make large orders with Italian industries so that Italy could survive the economic crisis.
Mussolini employed an economic strategy called “Deficit spending” during the Great Depression. What does it mean by deficit spending?

Soaring Unemployment
What are reasons of that had led to protests in Italy due to the Great Depression?

Due to high unemployment rates, it had lead to people starting to search for better opportunities, therefore starting to emigrate to places like Britain with low unemployment rate (12%)
Why did many people start emigrating to Britain?

It lead to exacerbated racial tensions in Italy as Italians believe that those refugees or immigrants are to be blamed for their economic woes. This had also resulted in many migrants or refugees being evacuated due to the area not being safe for them to live.
What did refugees from Africa and Asia in Italy suffer due to the great depression?

Yes, the army and navy were both massively expanded by late 1935.
By late 1935, has Italy’s army and navy expanded?

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