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Spain, 1930–78: Republicanism, Francoism and the Re-Establishment of Democracy

Economic development under Franco

  • 3 things to know
  • Paper 2

Overview

Recall questions on the damage of the war, autarky and why it failed, the years of hunger, the INI, corporatism, and the crisis that forced change.

What you need to know

Answer each one before you reveal it.

Your recallNot started
Numbers

What economic damage did the civil war cause?

Who and when

What economic policy did early Francoism follow?

Numbers

What was autarky?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What economic policy did early Francoism follow?

    Model answer

    Autarky, or self-sufficiency, which kept Spain poor and isolated.

  2. 2

    What economic damage did the civil war cause?

    Model answer

    Around a third of livestock lost, industrial output down by a third, transport wrecked, and the gold reserves spent, so recovery to 1935 levels took until the 1950s.

  3. 3

    What was autarky?

    Model answer

    The policy of national self-sufficiency pursued after 1939, with import restrictions, state control of prices and production, and a refusal of foreign investment.

  4. 4

    Why did autarky fail?

    Model answer

    Spain lacked the raw materials, capital and technology to be self-sufficient, and price controls produced shortages, a vast black market and stagnation.

  5. 5

    What were the years of hunger?

    Model answer

    The 1940s, when rationing, drought and mismanagement produced widespread malnutrition and perhaps 200,000 excess deaths.

  6. 6

    What was the INI?

    Model answer

    The National Institute of Industry founded in 1941 to create state-owned heavy industry, on the model of Italy's IRI, which absorbed enormous investment for modest returns.

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