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Italy won the second World Cup in 1934.
Italy
Yes they hosted it.
The 1934 FIFA World Cup (then known as the World's Cup) was held in, and won by, Italy - defeating Czechoslovakia 2 - 1 after extra time in the final of the competition.
Italy won the second ever World Cup in 1934. The glory came after a 2-1 victory over Czechoslovakia (after extra time).