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No, the Italian economy was not built around the military, and neither was Great Britain's. But note that growing navies needed steel for their new classes of large armored ship so the economies of the European countries (as well as the US and Japan) expanded their steel industries, which led to jobs in steel mills coal mines, shipyards, railroads, chemical companies, and similar industries that caused their economies to boom.

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Q: Was the Italian economy like the british centered around the military?
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