How can we account for the rise of fascism in Italy after the First World War?

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How can we account for the rise for fascism in Italy after the First World War?

After the First World War "liberal" Italy was beset with numerous problems from many different aspects, like many other countries to this certain point of time. Italy was the first country to come up with the idea of Fascism and the first country to actually have Fascism as a regime.  Benito Mussolini found the first Fascist party “fascia di combattimento” in 1919 and therefore is the inventor of Fascism.

The participation Italy’s at the First World War had enormous consequences for Italy.  The Italian government had to lend big credits from Great Britain and the United States to pay the big amount of money the war cost. To keep the soldiers and the army fed heavy burden on Italy.  The national debt before the war, in 1914, amounted about 16 billion Lire, but after the war the debt has increased to 85 billion Lire.  

To repay these huge amounts of debts the government resorted to print bank notes, but this meant that the current money wasn’t covered e.g. through gold.  The result of this was a highly inflation. Another financial consequence of the war, was the heavily uprasing of taxation. The prices quadrupled in those two years of war. The inflation hit the peasants and ex-soldiers especially heavily.

The inflation wasn’t falling so heavily on the financial debt within the country, but the Lire lost its value in term of the change into a foreign currency .That hit Italy quite hard, she had a great import trade and those mostly had to be paid in dollar or pound. So was Italy importing most of her grain, so it cost her far more.

Italy’s economic started flourish with the entrance of the First World War. The whole industry was directed on war production, she started to the in 1915 with about 600 machine guns and in the end in 1918 they had about 20 000 guns. Although the industry flourished, just a few industrialists did well out of the war, the production were actually linked to the war, like Pirelli Tyres, Montecatini Chemicals and Fiat ( the largest vehicles manufacture in Europe by 1918).    But after the there were several problems in the factories. Obviously the production had to be changed into peace industry, which took a long and cost again a big amount of money.  

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The bigger problems were the workers itself. During the war the workers worked really hard and long hours, but after it the war-time discipline was flagged. They had resented the longer hours of work, ly their wages fell by 25 % between 1915 and 1918, they couldn’t keep up with the increasing prices.  This fact caused great frustration by the factory workers, inspired by Marxism and Communism, both popular regimes at this point of time, they were s      , the membership in Trade Unions grew from ¼ million in 1918 to 2 million in 1920 and the wokers got on strikes. ...

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