The most necessary information is how it sank and what happened to the people on it.
One major outcome of the Japanese military leadership's policies during the 1930's was the expansion of the Japanese Empire. The military policies led to modernizing the army, being provided with modern weaponry, and good training. That mad the Japanese army by far the most superior in the region. The Japanese knew that they can take down the other nations in the region with relative easy, and considering that they lacked natural resources, but the nations in the region had them, they decided to start and expansion. Little by little, the Japanese managed to conquer very large area in the coming years.
Capitalist economic relations were considered free because private individuals or businesses were given the freedom to choose what goods and services they would want to market or produce, where they would want to invest, and at what prices should they set on their goods and services, depending of course, on the supply and demand of the economic market.
Renaissance was the time period of art and learning. Hope it help!