1. 1920’s Research Task
By Cayne Tagliaferro 10F

2. Australian Economy:
By 1920’s agricultural producers were experiencing profit troubles and governments, who invested heavily on transportation infrastructure, were not getting the returns they expected. Cutbacks in borrowing, government and private expenditure in the late 1920s led to a recession. The recession itself became worse as internationally nations fell into depressions which not only cut back on foreign investments to Australia, but also led to a lower demand for Australian exports. This culminated into the biggest recession in Australia’s history which peaked in 1931–32.

3. Italian Economy:
Italy had emerged from World War I in a poor and weakened condition. An unpopular and costly conflict had been borne by an underdeveloped country. Post-war there was inflation, massive debts and an extended depression. By 1920 the economy was in a massive convulsion — mass unemployment, food shortages, strikes, and many other unfortunate events occurred.

4. Australian Government:
In 1920 the prime minister of Australia was Billy Hughes who came into power on 27 October 1915 – 9 February He was under the Monarchy of George V and the Governor General was Ronald Munro-Ferguson, then Henry Forster. The population of Australia at that time was 5,360,462. some significant events happened in that year such as on the 2 April Edward, Prince of Wales arrives in the country to thank Australians for the part they played in World War I, 10 August – The Princes Highway is officially opened, 30 October – The Communist Party of Australia is founded in Sydney, New South Wales, 16 November – The Queensland and Northern Territory Aerial Service, later known as Qantas, is founded in Winton and 3 December – The first successful flight from Melbourne to Perth is completed.

5. Italian Government:
The Italian government was run as a fascism which means an authoritarian and nationalistic right-wing system of government and social organization, which under Benito Mussolini ruled the Kingdom of Italy from 1922 until 1943, the Republican Fascist Party that ruled the Italian Social Republic from 1943 to 1945, the post-war Italian Social Movement and subsequent Italian neo-fascist movements.

6. Bibliography: http://en.wikipedia.org/wiki/1920_in_Australia