1- Discontentment after the treaty of Versailles- Italy had joined the Anglo-French alliance against Germany and her allies in the First World War as Britain had promised large chunks of territory after their victory. However, the promise went unkempt to a certain extent. She had only two islands in the Adriatic and Aegean seas. Among Italians, there was a feeling of being let down.
2- Economic crises in Germany and Italy, heavy losses, unemployment, shortage of food grains. At the end of the war, thousands of soldiers in Italy had become unemployed. Industrialization had not progressed and unemployment was on the rise. Even the unemployed working class felt the pinnacle of inflation with low wages and poor working conditions. There were a frequent strike and agrarian riots.
3- Political instability in Germany and Italy- Democracy was introduced in Italy in 1919, Collision Government, different parties and different polices, No continuity policies. Similar conditions existed even in Germany.