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Unformatted text preview: -When you have a lot of unemployment then you have basso costo del lavoro-Difference in North and South economically. There was an enormous boom from 1958 1962 but only in the North because they were an industrial area-Italian factory workers are paid less than other factory workers and therefore Italian products cost less.-Eletrodomestici = appliances, Italy became very good at producing these because of the boom they needed to build a lot more to create a modern society-Funds for the South, these should have worked to build streets, dams, aquaducts, etc. but in reality 1/3 was wasted on politics, etc.-First Italy produces appliances and exports them and then they become the consumer-Children from the South would come and work in the North...
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- Fall '11