Premise: The Great Depression was a severe worldwide economic depression that took place during the 1930s . Italy . Despite being one of the main victors in World War I , Italy entered a period of economic crisis and social turmoil , leading the way to the rise of a fascist dictatorship in 1922 . Following the liberation of Italy and the rise of the resistance , the country abolished the monarchy , reinstated democracy , enjoyed a prolonged economic boom and , despite periods of sociopolitical turmoil ( e.g. Anni di piombo , Mani pulite , the Second Mafia War , the Maxi Trial and subsequent assassinations of anti-mafia officials ) , became a major developed country .
Hypothesis: Italy is in an economic depression.
Label: NEUTRAL