Italian economy and culture

Leonardo da Vincithe quintessential Renaissance manin a self-portrait, c. The Western Empireunder the pressure of the barbarian invasionseventually dissolved in AD, when its last Emperor Romulus Augustulus was deposed by the Germanic chief Odoacerwhile the Eastern half of the Empire survived for another thousand years.

Economic history of Italy The economic history of Italy can be divided in three main phases: Italian Family Life The heart of Italian culture is the family.

The invasion of another Germanic tribethe Lombardslate in the same century, reduced the Byzantine presence to the rump realm of the Exarchate of Ravenna and started the end of political unity of the peninsula for the next 1, years.

As a result of this rapid expansion, in Italy overtook the British economy an event known as il sorpassobecoming the sixth in the world. Italy emerged from World War I in a poor and weakened condition. Early Modern Main articles: Italian unificationKingdom of Italyand Military history of Italy during World War I Animated map of the Italian unification, from to The birth of the Kingdom of Italy was the result of efforts by Italian nationalists and monarchists loyal to the House of Savoy to establish a united kingdom encompassing the entire Italian Peninsula.

In a league of city-states, the Lombard Leaguedefeated the German emperor Frederick Barbarossa at the Battle of Legnanothus ensuring effective independence for most of northern and central Italian cities.

This peace would hold for the next forty years. All these cities during the time of their independence had similar systems of government in which the merchant class had considerable power.

The wealth such business brought to Italy meant that large public and private artistic projects could be commissioned. Pasta, pizza, tiramisu and gelato are just a few of the Italian dishes that are available across the globe.

The Colosseum in Rome, built c. Italy was among the countries hit hardest by the Great Recession of and the subsequent European debt crisis.

The tradition handed down seven kings: By the end of the war, Italian per capita income was at its lowest point since the beginning of the 20th century. But the sense of family persists, even in transplanted populations where the more relaxed mores of the new culture are adopted.

The resulting Italian diaspora concerned up to 26 million Italians, the most part in the years between —; by many scholars it is considered the biggest mass migration of contemporary times. Age of Industrialization[ edit ] Terni steel mills in Music is as much a part of Italian life as art and food, and the best singers and musicians are not necessarily those on the stage.

Christopher Columbus discovered America inopening a new era in the history of humankind Following the Italian Wars toignited by the rivalry between France and Spain, the city-states gradually lost their independence and came under foreign domination, first under Spain to and then Austria to VeniceGenoaPisa and Amalfi In coastal and southern areas, the maritime republics grew to eventually dominate the Mediterranean and monopolise trade routes to the Orient.

In the meantime, the discovery of the Americasthe new routes to Asia discovered by the Portuguese and the rise of the Ottoman Empireall factors which eroded the traditional Italian dominance in trade with the East, caused a long economic decline in the peninsula.

Romea settlement around a ford on the river Tiber conventionally founded in BC, was ruled for a period of years by a monarchical system, initially with sovereigns of Latin and Sabine origin, later by Etruscan kings. The country lacked large coal and iron deposits [34] and the population was largely illiterate.

The Roman Empire at its greatest extent, AD. Finally, as France abandoned its garrisons in Rome during the disastrous Franco-Prussian War ofthe Italians rushed to fill the power gap by taking over the Papal States.

After a brief recover at the end of the s, high tax rates and red tape caused the country to stagnate between and Al Pacino and Anne Bancroft are two prime examples. In the s, a severe farm crisis led to the introduction of more modern farming techniques in the Po valley[35] while from to protectionist policies were introduced with the aim to establish a heavy industry base.

Italians have been putting brush to canvas — so to speak — since the early cavemen covered the walls of their habitations with drawings of their experiences. Italian interior design strives for stylish yet practical living spaces.The economy of Italy is the 3rd-largest national economy in the eurozone, the 8th-largest by nominal GDP in the world, and the 12th-largest by GDP (PPP).

The country, that has a major advanced economy, [18] is a founding member of the European Union, the Eurozone, the OECD, the G7 and the G Today, Italy is considered to be one of the world's most culturally and economically developed countries, with the Italian economy ranking eighth largest in the world and third in the Eurozone.

From folk music to classical, music has always played an important role in Italian culture. Information on Italy — map of Italy, geography, history, politics, government, economy, population statistics, culture, religion, languages, largest cities, and the.

Economy of Italy

Italy Economy Italy is a country facing economic and political upheaval. With a Parliament pressing hard to pass reforms designed ultimately for leading to. Free Essay: Italy Economy Italy is a country facing economic and political upheaval.

With a Parliament pressing hard to pass reforms designed ultimately for. Sep 14,  · The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.

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Italian economy and culture
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