The economic deflated experienced by many countries at the end of the 1920s and
At the beginning of 1930 the Great Depression also affected Italy. Although the
Different structure of the Italian economy due to the lower degree of industrial devel- opment, the drive of the Depression in Italy were not very different from those of
More industrialized countries like England, France and the United States., the
Contraction in industrial production was as severe as in more industrialized countries.
Such as, persistent decline in international trade, and the large fall in our and production,
Large fall in investments, and real wages.
The Great Depression
Crisis and a period of low business activity