Italy: From Revolution to Republic, 1700 to the Present

By Spencer M. Di Scala | Go to book overview
Save to active project

The Rise of Socialism and
the Giolittian Era

Depressedprices and poor economic conditions plagued Europe from the early 1870s to the 1890s, but higher prices and prosperity marked the years between 1896 and 1914, despite the sharp 1907-1908 recession. Protectionism increased prices for agricultural goods, industrialists created combinations to raise prices for their products, and gold discoveries in South Africa and the Klondike fueled expansion of the money supply. The demand for industrial products increased as a result of the arms race, growth of the middle class, the opening of colonial markets, higher wages, and governmental stimulation of the economy through increased spending. Most important, technological advances in electricity, chemicals, and the internal combustion engine created new industrial sectors and touched off the "second" industrial revolution.

These changes allowed Italy to become the first Mediterranean area to move into the advanced industrial arena, even if the country’s development remained skewed by regional imbalances. Economic changes had drastic effects on the country’s political and social life. Requiring more freedom and less friction, the growing and increasingly powerful northern bourgeoise displayed less tolerance for leaders like Crispi who failed to recognize the paramount importance of their goals, who favored foreign adventures, and whose recalcitrance stimulated the social unrest that interfered with the country’s economic development. If necessary, during the early years of the twentieth century, industrialists could reach limited understandings with their enemies, and Socialists also were committed to liquidating the repressive mentality of late nineteenth-century government leaders; the previously mentioned Milanese alliance between radicals and business leaders against Crispi clearly demonstrated this tendency. Between 1901 and World War I, converging interests of bourgeoisie and proletariat outweighed ideology and had positive if limited effects. But in both camps the groups criticizing this practical "politics of things" gained strength, and as war


Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Cite this page

Cited page

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited page

Bookmark this page
Italy: From Revolution to Republic, 1700 to the Present


Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen
/ 426

matching results for page

Cited passage

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?