USA HISTORY

Detailed explanation-1: -Overproduction of agricultural products and withdrawal of international loans by the US were the two major reasons behind the Great Depression of 1929.

Detailed explanation-2: -Thus, the Japanese economy suffered debilitating effects from two sources, the impact of the worldwide depression and the appreciation of the yen associated with the return to the gold standard. The consequences, economically, were abrupt deflation and a severe contraction of economic activities in 1930 and 1931.

Detailed explanation-3: -Showa Depression 1930-1932. Japan experienced the deepest economic downturn in modern history during 1930-32.

Detailed explanation-4: -Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.

Detailed explanation-5: -In Japan, militarists seized control of the government during the 1930s. In an effort to relieve the Depression, Japanese military officers conquered Manchuria, a region rich in raw materials, and coastal China in 1937. A third response to the Depression was totalitarian communism.