Buy custom Economy of Italy under Fascism, 1922–1943
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| Topic: |
History
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| Number of pages / Number of words: |
8 / 2166 |
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Coming to power in 1922, after the March on Rome, it was a minority government until the 1923 Acerbo Law and the 1924 elections, and it took until 1925, after the assassination of Giacomo Matteotti, to establish itself securely as a dictatorship.
Economic policy in the first few years was largely liberal, with the Ministry of Finance controlled by the old liberal Alberto De Stefani...
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The government undertook a low-key laissez-faire program - the tax system was restructured (February 1925 law, 23 June 1927 decree-law, etc.), there were attempts to attract foreign investment and establish trade agreements, efforts were made to balance the budget and cut subsidies. The 10% tax on capital invested in banking and industrial sectors was repealed, while the tax on directors and administrators of anonymous companies (SA) was cut down by half...
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