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Events from the year 1904 in Italy.
The Giolittian Era. During his second and third tenure as Prime Minister (1903–1905 and 1906–1909), Giovanni Giolitti courts the left and labour unions with social legislation, including subsidies for low-income housing, preferential government contracts for worker cooperatives, and old age and disability pensions. Economic expansion was secured by monetary stability, moderate protectionism and government support of production. Foreign trade doubled between 1900 and 1910, wages rose, and the general standard of living went up.[1] Nevertheless, the period was also marked by a sharp increase in the frequency and duration of industrial action, with major labour strikes.
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