1. THE DEVELOPMENT OF JAPANESE CAPITALISM AND THE INFLUENCE OF
... , should have economically and psychologically spelled doom for Japan. "By the end of the Pacific War the volume of Japan's industrial production was less than thirty per cent of her output in 1936. Tokyo was literally three quarters flattened. The Japanese Navy was at the bottom of the sea and so was most of the merchant marine" (Yoshihara, 1939).The Japanese had no exports, no foreign trade, and inflation destroyed ... of Japan was established, fiscal policy reformed, and civic unrest firmly suppressed" (Fewster, 1988). All of these factors contributed to the success of Japan's moderni...
- Word Count: 2410
- Approx Pages: 10
- Has Bibliography
- Grade Level: Undergraduate