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Mussolini apparently saw it as "a virility issue" and the decline was an attack on his prestige. In the Pesaro Speech of 18 August 1926, he began the "Battle for the Lira". Mussolini made a number of strong pronouncements and set his position of returning the lira to its 1922 level against sterling, "Quota 90".
Many business and financial leaders believed it would be possible to manipulate Mussolini, whose early speeches and policies emphasized free market and laissez faire economics. [26] This proved overly optimistic, as the Great Depression struck Italy along with the rest of the world in 1929, and Mussolini responded to it by increasing the role ...
In general, fascist governments exercised control over private property but they did not nationalize it. [7] Scholars also noted that big business developed an increasingly close partnership with the Italian Fascist and German Nazi governments after they took power. Business leaders supported the government's political and military goals.
Government control of business was part of Mussolini's policy planning. By 1935, he claimed that three-quarters of Italian businesses were under state control. Later that year, Mussolini issued several edicts to further control the economy, e.g. forcing banks, businesses, and private citizens to surrender all foreign-issued stock and bond ...
Although other National Socialists disapproved of Mussolini and Fascist Italy, Hitler had long idolized Mussolini's oratorical and visual persona and adopted much of the symbolism of the Fascists into the National Socialist Party, such as the Roman, straight-armed salute, dramatic oratory, the use of uniformed paramilitaries for political ...
A recent survey shows small business owners are feeling more optimistic about the economy following the election. The Uncertainty Index declined 12 points in November to 98, following October’s ...
A trade group has asked the incoming Trump administration to consider a "comprehensive plan" for updating the U.S. Securities and Exchange Commission's regulatory framework for investment ...
Click Download AOL Desktop Gold or Update Now. 4. Navigate to your Downloads folder and click Save. 5. Follow the installation steps listed below. Install Desktop Gold.