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Words: | Submitted: Mon Nov 17 2003
... no other choice but to print more money, this of course led to inflation. Inflation was haphazard, it effected everybody form the factory worker to the factory owner. Inflation destroyed people's savings. Industrial companies lost their armaments contracts, as there was no longer a need for arms and other machinery, Fiat and Pirelli in particular had done well from these lucrative contracts, but the industry would from end of the war in 1918 struggle economically. This led to strikes in 1919 in which 1,000,000 participated and a surge of members into socialist trade union from in 1914 50,000 to 250,000 in 1919. Naturally these events did not reflect positively back on the government and they were seen as incompetent on their lack of support for the shop and factory owners who were mainly affected by the riots. In the country the government dismissed concerned landowners when they refused to ...
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