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The economic history of Italy after 1861 can be divided in three main phases: [14] an initial period of struggle after the unification of the country, characterised by high emigration and stagnant growth; a central period of robust catch-up from the 1890s to the 1980s, interrupted by the Great Depression of the 1930s and the two world wars; and ...
Italy is the world's seventh-largest manufacturing country, [40] characterised by a smaller number of global multinational corporations than other economies of comparable size and many dynamic small and medium-sized enterprises, notoriously clustered in several industrial districts, which are the backbone of the Italian economy. Italy is a ...
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 ...
Italy's great power strength includes a vast advanced economy [15] [16] (in terms of national wealth, net wealth per capita and national GDP), a strong manufacturing industry (ranking 7th on the list of countries by manufacturing output), [17] a large luxury goods market, [18] a large national budget and the third largest gold reserve in the world.
The Italian Renaissance covered the 15th and 16th centuries of Italian history and brought about considerable economic and cultural development of the country. After 1600, however, Italy experienced an economic decline. In 1600 Northern and Central Italy comprised one of the most advanced industrial areas of Europe.
Downtown Milan in the 1960s. The Italian economic miracle or Italian economic boom (Italian: il miracolo economico italiano or il boom economico italiano) is the term used by historians, economists, and the mass media [1] to designate the prolonged period of strong economic growth in Italy after World War II to the late 1960s, and in particular the years from 1958 to 1963. [2]
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The Victor Emmanuel II Monument in Rome, a national symbol of Italy celebrating the first king of the unified country, and resting place of the Italian Unknown Soldier since the end of World War I. It was inaugurated in 1911, on the occasion of the 50th Anniversary of the Unification of Italy .