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GDP per capita development in Italy, 1922 to 1943. The economy of Fascist Italy refers to the economy in the Kingdom of Italy under Fascism between 1922 and 1943. Italy had emerged from World War I in a poor and weakened condition and, after the war, suffered inflation, massive debts and an extended depression. By 1920, the economy was in a ...
Finally, Italy's involvement in World War II as a member of the Axis powers required the establishment of a war economy. This put severe strain on the corporatist model since the war quickly started going badly for Italy and it became difficult for the government to persuade business leaders to finance what they saw as a military disaster.
The fifth phase (1940–1943) was World War II itself, ending in military defeat, while the sixth and final phase (1943–1945) was the rump Salò Government under German control. [2] Italy was a leading member of the Axis powers in World War II, battling with initial success on several fronts.
By 1939, fascist Italy attained the highest rate of state–ownership of an economy in the world other than the Soviet Union, [144] where the Italian state "controlled over four-fifths of Italy's shipping and shipbuilding, three-quarters of its pig iron production and almost half that of steel".
The Italian economic battles were a series of economic policies undertaken by the National Fascist Party in Italy during the 1920s and 1930s. They were designed to increase the potential of Italy becoming a great power by reclaiming land, placing emphasis on home-grown produce and having a strong currency.
These World War II veterans used the GI Bill to educate themselves into the most educated and productive labor force in the world. They organized powerful industrial labor unions that built an ...
Nazism differed from Italian fascism in that it had a stronger emphasis on race in terms of social and economic policies. Though both ideologies denied the significance of the individual, Italian fascism saw the individual as subservient to the state whereas Nazism saw the individual as well as the state as ultimately subservient to the race. [65]
The Brothers of Italy party, which won the most votes in Italy’s national election, has its roots in the post-World War II neo-fascist Italian Social Movement. Keeping the movement's most potent ...