Economic and Military Conditions of Japan before World War II 1 The period of 1929 to 1933 was the era of the Great Depression and it badly affected the economy of the world including United States and Japan both. In the same time, Japan was also trying to emerge from its own period of depression, which was begun in 1926. Many soldiers from the rural areas ‘where poverty and hunger was the major issue’ mobilized in the army. However, their commitment and efforts for the Japan military helped the country to expand Japanese territory that further enhance the economic situation of Japan and also provide a secure level of economic security. Apart from this, there were few technological and economic reasons that helped Japan to emerge as a military and economic power after World War I. Political Factors After World War-I, the Emperor based ideology of the country influenced and united the Japanese people and asked them to fight against the Western challenges. The emperor of Japan before Meiji Restoration wielded no political power and the king of Japan generally viewed as a symbol of Japanese culture. The Meiji oligarchs then declared the Buddhism as their national religion for political and ideological reasons (Allinson & Anievas, 2010). The Buddhism, which was originated in India and came to Japan via China developed a strong patriotism in the citizen of Japan and motivate them to give their lives if necessary for their country and for their emperor (Miller, 2018). This ideology and political move of Japan helps the country to strong its military power and help the country to expand its territory that also helped the country to enhance its economic power as well. However, the great commitment helped Japan to boost their military and economic power (Kiyota, 2017). Economic Factors After 1926, Japan was suffering from depression in the country and it was creating economic problem for the country until 1933. Japan was facing Showa financial crisis in
Economic and Military Conditions of Japan before World War II 2 1926 and Show depression in 1933 that weaken the economic situation of the country so poor. However, after the financial crisis that Japan faced in 1922 post World War I, it takes some crucial decisions to improve its economy. The great decision of Japan was taken in 1927 when Japan decided to reform banking sector (Sekine, 2019). The reform in the banking sector in Japan helped the country to gain the financial development momentum and it also helped the country to dispose of the bad loans (Shizume, 2018). Meiji helped the official and government organisations to gain momentum and helped them to take crucial decisions in favour of Japanese government. The Japan government decide to invest a huge amount of money in Korea that helped Japan to gain 400% return after the investment in Korea. Such type of decisions helped the country to improve its economic situation before World War II. The decision of wisely invest money in various countries helped Japan to boost its economy before war and the improved economic situation further helped Japan to prepare for the second World War (Sekine, 2019). The suspension of Gold standard of payment also positively affects the Japanese economy after world war first. Technological Factors After world war first, Japan was focusing on its technological advancement. The major focus of the country to enhance its industrial capabilities and established various industries and work centre for the large production of weapons and war materials. The major focus of the country was on naval construction industry. Japan was constructing 177,000 tonnes to 1,528,000 tonnes of naval construction and it was reached the 4,140,000 tonnes in 1928 (Krpec & Hodulak, 2019). Japan was producing large numbers of naval products with the latest technology and it helped the country to boost its economic power and military power both. Apart from this, the adoption and improvement in technology from other countries such as Russia and Germany helped the country to rapid the economic growth of
Economic and Military Conditions of Japan before World War II 3 the country. The decision of adapting technology from abroad provided economic growth to the country, which further expand its military power and spread its territory. The advancement in naval construction and paper and cellulose industry was possible only because of the technological advancement of the country (Karashima, 2016). In conclusion, it can be said that the decision of Meiji and its support to the financial system and introduction of Buddhism are two major causes in economic growth of the country that also improve the military power of the country. Apart from this, the focus of the country on adoption of foreign technology and enhance the naval construction after 19th century also helped Japan to improve its economic situation and enhance the military power of the country.
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Economic and Military Conditions of Japan before World War II 4 References Allinson, J. C., & Anievas, A. (2010). The uneven and combined development of the Meiji Restoration: A passive revolutionary road to capitalist modernity.Capital & Class,34(3), 469-490. Karashima, M. (2016).Empire, Mobilisation and Economics in Wartime Japan: A Literature Review. Retrieved from: https://www.kwansei.ac.jp/cms/kwansei/pdf/educational/tip/0000089889.pdf Kiyota, M. I. N. O. R. U. (2017). Meiji Buddhism: religion and patriotism.Asian Studies Journal, (2), 49-58. Krpec, O., & Hodulak, V. (2019). War and international trade: Impact of trade disruption on international trade patterns and economic development.Brazilian Journal of Political Economy,39(1), 152-172. Miller, J. (2018). Idolizing Sans Idol: Buddhist Art And Its Reception During The Meiji Period.Art Journal,2018(1), 5. Sekine, T. T. (2019). The legend of Unoism in Japan.The Japanese Political Economy, 1-29. Shizume, M. (2018). Financial Crises and the Central Bank: Lessons from Japan during the 1920s.Coping with Financial Crises, 18(7), 131-148.