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Japan emerged in 1853 from two and a half centuries of self-imposed peaceful isolation, but within a few decades the country’s leaders embarked on a policy of aggressive territorial expansion. During the last half of the nineteenth century, the Western imperialist powers of England, France, and Germany established the model for acquisition of colonies in Asia and for the partition of China into spheres of influence. Near the end of the century, about the same time Japan began to capture colonial territory, the United States and Russia also initiated their imperialistic expansion in Asia.This paper will examine four of the most influential theories of imperialism to determine whether they can provide explanations for Japan’s imperialism from 1894 to 1910, when Japan formally annexed Korea. The four theories to be reviewed will be Hobson's theory of domestic market underconsumption that leads to capitalists seeking profits overseas, Lenin's theory of the monopoly stage of capitalism, Schumpeter's theory of inherited warlike tendencies from prior generations, and nationalism's focus on politics as the critical factor. Although other theories of imperialism exist, these four theories cover a broad range of economic, political, and sociological factors that could explain Japan’s imperialistic expansion. This essay's review of Japan's history of imperialism from 1894 to 1910 will show that the theory of nationalism provides the best explanations of the causes of Japan's militaristic actions and colonial acquisitions, although Schumpeter's sociological-based theory seems to provide some explanation for the actions of the Meiji Period (1868-1912) leaders.</span>
Answer:
The correct option is "It did not affect Latin America.''
Explanation:
The Great Depression, also known as the Crisis of the 29th, was a global economic crisis that lasted during the 1930s, in the years before the Second World War. Its duration depends on the countries analyzed, but in the majority it began around 1929 and lasted until the late 1930s or early 1940s.
