answersLogoWhite

0


Best Answer

Japan was already one of the advanced nations before WW2, though many factories were bombed, their most precious technology and people were passed on. The people was hardworking and educated. Retired soldiers provided cheap labor and the destruction of the old factories allowed building of the most advanced ones for replacement.

Post-war Japan benefited by being occupied by the richest nation on earth at the time..the U.S. The U.S. had a vested interest in helping to rebuild Japan so that it would not become fertile ground for a USSR sponsored communist movement. Also America found it a pain to support the needs of the entire Japanese population, because their industries were destroyed by America. The rebuilding program was actually helped by the outbreak of the Korean War where it was found more efficient to produce war material in Japan rather than ship it in from the U.S. The same effect could be seen during the Vietnam War. All this allowed Japanese industry to modernize and expand very quickly.

User Avatar

Wiki User

6y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

The Japanese people set about rebuilding their country and by the middle of the 1950s Japan was getting back on track! Japan had to rebuild itself from scratch and so all of its new factories were made using the latest technology. They were very modern and this made them very competitive in the world markets. Japan also began to mass produce things, getting twice as much work done as any other country in the world with half as many workers.

AnswerInitially, many Japanese goods exported were simply marked 'Foreign', but by 1970 at the latest 'Made in Japan' had become a selling point.

Like other countries, Japan benefitted from the long postwar boom. Without wishing to detract from the achievements of the Japanese I think it's worth pointing out that since 1945 the country's miliary expenditure has been extremely low, which has been a big bonus for the economy.

The Japanese benefitted from General McAuther's forming of trade with America. He suggested that lower export taxes and even subsidized trade with the U.S. would help Japan compete and even thrive. Japan gave Japanese corporations as much as 30 percent of the selling price back to the companies,gauranteeing them a profit as long as they were selling the product in the U.S.A.

This answer is:
User Avatar

User Avatar

Wiki User

14y ago

Among other things, American investment by electronics companies such as RCA. This later, as is known backfired. Delmonico electronics-also known as NVC Victor company of Japan, was a direct RCA subsidiary- no connection with the famous restaurant- perhaps a pun on Free Lunch. Delmonico"s made good stereo equipment.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

The US helped rebuild Japan's economy after World War 2 by sending in a general to rewrite the constitution for Japan under the US Constitution with similar factors such as the emperor is no longer ruler of Japan, and Japan cannot declare war on another country unless Another Country attacks first. This prevents Japan from joining in or starting major wars.

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

Japan's economy after World War II was extremely poor. We had to support them.

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

America did. America geve them the liberal economic policies that had served us so well.

This answer is:
User Avatar

User Avatar

Wiki User

14y ago

An increase in manufacturing

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

an increase in manufactoring

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

United States

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How was Japans economy after World War 2?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about General History

Does Germany's current economy have anything to do with World War I or World War 2?

no the German does not in vole the world war 1 or 2


What were Japans strengths in World War 2?

* A totally dedicated and motivated Armed Forces. * A supportive homefront. * A powerful Navy.


What was Austria's economic condition during World War 2?

Austria's economy expanded during World War 2 as the country played a role in fueling the German war machine. After the war, however, the nation's economy was in shambles.


What word best describes the us economy after world war 2?

Strongest in the world.


Why was Australia's economy so low after World War 2?

because Hitler won the war.

Related questions

Japans World War 2 emperor?

Emperor Hirohito.


What were Japans reasons for fighting us in World War 2?

yes


How was japans dictatorship during World war 2?

Japan had an Emporer.


Who helped Japans economic recovery after World War 2?

USA


What was japans motive for joining World War 2?

racism, resouces, revenge


What was true of the U.S economy after world war 2?

it was the strongest economy in the world


Was true of the us economy after world war 2?

After World War 2, the US had the strongest economy in the world.


What country stood in japans way during the World War 2?

The United States.


What was japans first sign of aggression leading to world war 2?

bombing of Pearl Harbor


What was japans main World War 2 battle tank?

Type 95 Ha-Go .


What happened to make the US enter world war 2?

Japans attack on Pearl Harbor


How did World War 2 affect economy the economy?

it increased wages