POST WAR WORLD 1946 1959
RECONSTRUCTION OF JAPANS GOVERNMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Japan became a communist nation.
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Japan became an ally of the Soviet Union.
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Japan became an ally of the United States.
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Japan transitioned to an agricultural economy after the war.
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Detailed explanation-1: -The right answer is C) Japan became an ally of the United States.
Detailed explanation-2: -The recovery of the Japanese economy was achieved through the implementation of the Dodge Plan and the effect it had from the outbreak of the Korean War. The so called Korean War boom caused the economy to experience a rapid increase in production and marked the beginning of the economic miracle.
Detailed explanation-3: -The factors behind Japans success is mainly down to exporting. Japan exports many products ranging from electronics, cars and computers with its main and the most important trading partner being the USA which in turn imports more than a quarter of japans exported products.
Detailed explanation-4: -The highly skilled and educated labor force, extraordinary savings rates and accompanying levels of investment, and the low growth of Japan’s labor force were major factors in the high rate of productivity growth. The nation has also benefited from economies of scale.
Detailed explanation-5: -During World War II (1939-45), Japan attacked nearly all of its Asian neighbors, allied itself with Nazi Germany and launched a surprise assault on the U.S. naval base at Pearl Harbor.