How did the econimic crisis after First world war,create unrest in Italy?
Answers
Explanation:
course of events in the Italian economy after the war appears to match that of the international context, albeit with some time lags: a continuation of the inflationary trends typical of the war-time situation in 1919, and the crisis in 1920-1921 (in Italy the economic downturn began with a certain delay towards the end of 1920), which resumed in the early months of 1922. The main economic indicators (Tables 1, 2 and 3) seem to confirm this, especially with regard to the apparent turnaround that was recorded in many areas starting in 1922, with an increase in the production and consumption of energy, and in imports of raw materials, as well as a relative improvement in the trade balance and payments as a whole.
YearsWheat ProductionWine Production (thousands of hectolitres)Yarn and cotton fabricsIron oreFossil fuels (brown coal)Production of hydroelectricity (millions of Kw/h)Cast iron19135,689.858,210175.6603.1697.32,000933.519194,497.238,999155.4613.01,123.33,790731.819203,743.947,123148.2389.91,571.74,520773.819215,108.435,551133.0279.51,026.04,250700.419224,254.938,247156.0311.2745.44,380982.519235,918.457,993164.4340.8953.55,3601,141.819244,478.748,089173.3218.7917.56,1401,358.919256,339.848,876198.5495.91,105.56,8701,785.5
Table 1: Basic production of the Italian economy (1913; 1919-1925).[1] Unless otherwise stated, the data are in thousands of tons
There were many significant effects that the First World War had on Italy, which crippled her socially, politically and economically. Some of them were....
Brought a huge economic burden
stretched the political system to its limit and divided the nation.
The financial cost of keeping the soldiers armed and fed had placed a heavy burden on the Italian treasury.