Japan entered through a phase of both economical and political changes during the United States’ occupation of Japan.
Due to this western influence, the Japanese government became democratic and the economic state centred around capitalism, exporting materials to the United States.
With the capitalistic ideals of the west, Japan became a key supplier and manufacture of trades. This lead Japan on the path to become a key trader in the world after ww2.
During the cold wars, the US further strengthen its economic relationships with Japan to avoid Japan association with the Soviet Union.
In the Korean War neighbouring Japan, Japan exported many military supplies in the effort for the war, gaining massive profits. By the late 1960s, Japan became the country with the third greatest GPD, only trailing behind two major superpowers(US and USSR).
Answer:
Roosevelt was accused of Bolshevism by his opponents, and many anti-crisis methods were sharply criticized. They criticized the direction of the New Deal against business; many rightly believed that the new policy hampered the restoration of the economic system. Despite all efforts, unemployment continued to increase: if it were not for the increase in salary costs caused by the New Deal, the unemployment rate in the country as of 1940 would be lower by 8 percentage points.
Ordinary citizens were directly affected by the increase in alcohol duties and wage deductions for social security. Roosevelt further increased the tax burden by raising income tax for individuals and legal entities, excise taxes, property taxes and donated property. He introduced undistributed profit tax. All these ‘requisitions’ led to a reduction in the amount of money that entrepreneurs could spend on expanding production and creating new jobs.
Explanation:
Hey there!
"Soviet Union increased its efforts to develop an atomic <span>bomb," since the Soviet Union was the rival super power of the United States after World War II.
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