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In this respect he was lucky to have been able to ride the European-wide boom of the 1920's whilst allowing his finance minister, De Stefani, to follow orthodox economic policies. However, simply being carried along on a wave of economic success would not make Italy an important industrial power. In one of his most successful economic policies, Mussolini created IRI which allowed him to take control of many key industries as it provided finance for firms producing goods such as steel, electricity and machine-tools. However, as a domestic policy the success of such a scheme must be judged to have been flawed, as it made no impact on the north-south divide as new developments were by and large centred on the North...
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