The Italian Economy during the 1870s-1910s - PowerPoint PPT Presentation

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The Italian Economy during the 1870s-1910s

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The Italian Economy during the 1870s-1910s Economic Problems Government debt Poor had high tax rates Industrialisation between the rising North and the decreasing ... – PowerPoint PPT presentation

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Title: The Italian Economy during the 1870s-1910s


1
The Italian Economy during the 1870s-1910s
2
Economic Problems
  • Government debt
  • Poor had high tax rates
  • Industrialisation between the rising North and
    the decreasing South
  • Major revolutions throughout the 1860s, 1893-94
  • 1880s USA and Far-east had cheaper produce than
    the Italians Government responded by
    introducing Tariffs resulted in war further
    damaged the Italian exports
  • Due to Tariff war banks in crisis financial
    scandals within the government

3
Problems with establishing a unity.
  • The political system was unstable as parliament
    was based on the elite and wealthy rather than
    the middle class which were the mass of the
    population.
  • Spreading wealth did not seem to be a priority
    then.
  • Political parties did not reflect the popular
    wishes of the people.
  • Villagers were simply forced to pay taxes and
    perform military service.
  • Especially in the South, Italians were
    illiterate, backward, conservative and poor. By
    1900 Italians were estimated to be the most
    highly taxed people in the whole of Europe.
  • Many Italians did not have any knowledge of what
    was actually going on with their country, split
    between the legal Italy and the real Italy.

4
Economic Comparisons
The graphs shows the slow economic growth of
Italy as oppose to the other European countries
such as Germany, Britain and France.
Although there wasnt much growth in the economy
during 1890 in steel production and 1860 for
value of foreign trade there was a noticeable
rise in both areas in 1910s as you can see.
5
  • As you can see from the previous graphs,
    anything that was positive achieve were limited
    resources.
  • In 1871, 60 of Italys working population were
    involved in only farming.
  • However in 1911 things started to gradually get
    better in northern Italy, the amount of
    illiteracy went from 42 in 1871 to 11 in 1911,
    while in the South it dropped from 88 to 65.
  • Although unification did eventually happened by
    abolishing internal TARIFFS and establishing a
    single Italian market which was basically an
    internal free trade. On the other hand this newly
    united Italian economy harmed the little
    industries existed in the South because it could
    not compete with the more advanced North.

6
Comparisons
  • The South Mezzogiorno
  • Little industry
  • Once the grain basket of Europe, by the 20th
    century the soil was exhausted
  • Large, inefficient noble owned estates
  • 1914 0.01.5 of the population owned 50 of the
    land
  • Frequent social unrest
  • - Powerful clans and mafia
  • The North
  • Industrial, especially engineering centers of
    Milan, Turin and Genoa
  • 1880s wide scale of migration to growing towns
  • Po Valley, area of advanced agriculture based
    only around major rivers
  • Medium sized farms, commercial farming.

7
  • Agriculture
  • Majority of population was rural, in 1913 57
    compared to Britain's 15.
  • There were a few enterprising, large landowners
    but most were small agricultural labourers. There
    were also tenant farmers.
  • Dialect variations
  • Thursday Boy/Child
  • Italian Giovedi Bambino
  • Lombardy Giuedi Bagai
  • Tuscany Zovedi Bimbo
  • Lazio Giovedi Regazzino
  • Sicily Loviri Picciottu
  • These are only a sample of the different types
    of language spoken in Italy
  • during the 1870.
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