USA HISTORY

POST WAR WORLD 1946 1959

RECONSTRUCTION OF JAPANS GOVERNMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What were “Japanese Reparations”?
A
paying for damages they caused during WWII
B
rebuilding their economy after WWII
C
rebuilding their military after WWII
D
Being assisted by the United States after WWII
Explanation: 

Detailed explanation-1: -Reparations amounting to US$550 million (198 billion yen) were made to the Philippines, and US$39 million (14.04 billion yen) to Viet Nam. Payment to the International Committee of the Red Cross to compensate prisoners of war (POW) of 4.5 million pounds sterling (approximately 4.54109 billion yen) was made.

Detailed explanation-2: -By 1992, the U.S. government eventually disbursed more than $1.6 billion (equivalent to $3.67 billion in 2021) in reparations to 82, 219 Japanese Americans who had been incarcerated.

Detailed explanation-3: -After World War II, according to the Potsdam conference held between July 17 and August 2, 1945, Germany was to pay the Allies US$23 billion mainly in machinery and manufacturing plants. Dismantling in the west stopped in 1950. Reparations to the Soviet Union stopped in 1953.

Detailed explanation-4: -After World War II both West Germany and East Germany were obliged to pay war reparations to the Allied governments, according to the Potsdam Conference. Other Axis nations were obliged to pay war reparations according to the Paris Peace Treaties, 1947. Austria was not included in any of these treaties.

Detailed explanation-5: -Germany started making reparations payments to Holocaust survivors back in the 1950s, and continues making payments today. Some 400, 000 Jews who survived the Nazis were still alive in 2019. That year, Germany paid $564 million to the Claims Conference, which handles the payments.

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