The Economic Effect on Japan during Post World War II

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The Economic Effect on Japan during Post World War II
Japan’s economy was greatly affected by the atomic bombs dropped on both Hiroshima and Nagasaki. Japan’s economic recovery as a result of this incident transformed
Japan’s economic growth which has become known as the
“Economic Miracle.” The bombs caused Japan to reconstruct many more facilities in which the economy moved forward. The Economic Planning Agency, which used to be known as the Economic Stabilization Board, helped Japan to become one of the leading economic nations. The United States also contributed to much of
Japan’s recovery by occuping it from 1945-1951. After the bombs shattered the cities on August 6 and August 9 in
1945 the war was concluded. Japan had many parts to pick up such as the deaths of innocent citizens and the dilapidation of their major cities. Peter Tasker (40) mouthed
“When the casualties were counted they calculated to more than three million people and left more than ten million people lacking housing.” The war forced the economy to be cut off from its normal flow of trade. That was hurtful because Japan needed to trade with other nations to receive money to rebuild their damaged cites. Many Japanese people suffered severely because they were forced to live on the black market to stay alive which helped them in some ways because they could purchase goods for a much cheaper price. Even though the black market is illegal, Japan stayed on it to survive the post war age. Edwin Reischauer
(103) uttered that “The unfortunate circumstance about the tragedy was that the hearts of many civilians had been burned out as well as their cities.” What Reischauer said is probably correct because many Japanese civilians were presumably so shocked at what surrounded them that they did not know what to do in this astonishing situation.
Because of the war Japan experienced shortages of food, clothing and other goods and services. This was very harmful because many people had lost all their food and clothing during the explosions and they needed to change their lives drastically. The only fortunate thing about the bombs was that they did in fact leave the railways and electric power with little damage. That was very positive for Japan because they still had power to the factories where people could go to work and get money to reconstruct their lives. In Paul
Langer’s book, Japan Yesterday a...

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...y years later. Japan recovered from the deaths and destruction and started to build again with the help of the
Economic Planning Agency and the United States. With all this aid Japan recovered so quickly from the slump that it became known as the, “Economic Miracle” and to this day it is still known as that. Japan’s recovery became known as the “economic miracle” because it recovered so quickly after war. Much of Japan’s recovery was because of the help from other nations such as the United States. Works Cited
Page: Economic Planning Agency. http://entrance.epa.go.jp:70/guide/helms.html. Infoseek
Corporation. 1995-1996. Langer, Paul F. Japan Yesterday and Today. New York: Praeger, 1970. Neumann, William
L. America encounters Japan From Perry to Mac Arthur.
Baltimore and London: The Johns Hopkins Press, 1963
Reading, Brian. The Coming Collapse. New York: Harper
Business, 1992. Reischauer, Edwin O. The Japanese Today:
Change and Continuity. Cambridge, Massachusetts: Belknap
Press of Harvard University Press, 1995. Tasker, Peter. The
Japanese: A major exploration of Modern Japan. New
York: Dutton, 1987. Thomas, Roy. Japan: The Blighted
Blossom. Vancouver, Canada: Newstar Books, 1989.

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