How did Mussolini’s attitude to state regulation of the economy change?
August 11, 2020 | Education
| At first, Mussolini was very supportive of free enterprise, but when the global economic crisis began in the late 1920s, he was forced to use state intervention in business activities. In 1933, the IRI (State Institute of Industrial Reconstruction) was created, under the jurisdiction of which several large banks and corporations were transferred. Now all workers and peasants were attached to jobs and it was the state that began to regulate the prices and wages of workers. Incidentally, these measures taken by Mussolini helped to overcome the crisis.
