The economic effortfulies facing Italy after WWI were the greatest challenge for the at large(p) governing body. To what extent do you equalize with this statement? Yes I would agree with this statement to the extent that economic problems did prove to be a challenge to the Liberal disposal activity. However I could betoken that other factors facing Italy after the warfare similarly caused difficulties and well-nigh may even be seen as being of a great challenge for the government. Economic issues arose after the war, Italy had occurred massive debts passim the war-time as they had worn-out(a) 148 billlion Lire which meant they had spent twice as much(prenominal) during the war as they had spent during the previous fifty years. They also owed 85 billion Lire to their allies. This left the government struggling to take on ship canal to make these repayments, which enabled them crippled and unable to embodiment and sustain their cause economy. During the w ar effort the government spent 148 billion Lire whereas in the midst of 1861 and 1913 the government only spent 74 billion Lire. This gave Italy a short time wellbeing as it meant there was more than than money available for labor such as the cable car industry, Fiat created and accomplished more vehicles which prove to be a short-term realise for the industry, increase production which would in force play adjoin sales.
However it also lead to long-term problems as it meant increasing debt which may later be established difficult to repay, specially since the government were convinced that they were on the pull inn ing human brass instrument and that repaym! ents will be made easy after they had win the war. The government tried to take action in agitate to reduce their debts by making cuts and this made the Liberal government unpopular which didnt suit them well especially with the election fancy of attack up in 1919. After the war the government halt spending money on wartime industry, which lead to more problems as it would mean that many factory workers may miss their jobs or find it difficult to return to...If you want to develop a full essay, order it on our website: OrderCustomPaper.com
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