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"Italy remained poor and backward despite all of Mussolini's Attempts to promote economic growth"
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"Italy remained poor and backward despite all of Mussolini's Attempts to promote economic growth" Mussolini had inherited an Italy with limited resources. The industrialisation of the north and modernisation of agriculture left the south behind with its mass poverty and lack of education. Mussolini believed in will power as a driving force in society. The battle for the lira, grain and marshes were used to mobilise the Italian people who struggled to achieve these targets. In 1926 Mussolini engaged in the Battle for the Lira. In October 1922, the lira was fixed at 90 to the pound and had been falling rapidly since. The economy was deflated to drive up the value of the lira, however this drove up the price of Italian exports seriously harming the economy. Small firms were taken over by larger ones. This serious deflation caused government imposed wage cuts of 20%. The battles' good intention of...
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