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The economic consequences of the First World War on Italy were the most significantâ(TM). To what extent would you agree with this assessment of the effects of the First World War on Italy?
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- Mon Feb 09 2009
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... 'The economic consequences of the First World War on Italy were the most significant'. To what extent would you agree with this assessment of the effects of the First World War on Italy? (22) There were many significant effects that the First World War had on Italy, which crippled her socially, politically and economically. Not only did the war bring a huge economic burden, but it stretched the political system to its limit and divided the nation. I am going to discuss these effects and come to a conclusion on which one was indeed the most significant consequence of the First World War. Economically the First World War was disastrous for Italy. The financial cost of keeping the soldiers armed and fed had placed a heavy burden on the Italian treasury. The war effort had consumed huge amounts of industrial goods, but no peace time economy could match this. Italy lacked raw














