Question

what are 3 important ways that the cold war shaped, Japan's postwar political and economical development?

Answer 1

Historians have identified many reasons for the outbreak of the cold war including, the misunderstanding between United States and Soviet Union there was a general fear in the United States about the spread of Communism and priority usage on Nuclear weapons. United States was based on Capitalism and democracy but Soviet Uniion was based on Communism and Dictatorship.The Soviet Union was the main reason for the outbreak of Cold War, Stalin hoped he would build an empire without antogonising the United States, but it was not possible because of the policies of the Soviet Union.

The Cold war between USA and USSR where these two nations never indulged in direct fighting but instead they resorted to spread their trade policies and idealogies on other countries - communism and capitalism., USA and USSR wanted to gain superiority among the countries and started to exhibit their strength by storing weapons. In USSR Gorbachev's decision to hold elections with a multiparty system and he wanted to build a presidency system in USSR., which led to the slow process of Democracy which resulted in the collapse of Communism control and resulted in the break down of USSR.

Japan was devastated during World War II, the human loss was 4% of the entire population, and 680 thousand were found missing or injured. The material loss incurred was about 25% of the total national wealth. An increase in expense as the Japanese Government had to pay to the veterans for the war damage. There was commodity shortage and price rise which led to Inflation.

The wartime boost begain in Japan in 1916 when the USA experienced its war time boom, USA released many export orders to Japan and internally Japan experienced a high supply trend among the Japanese manufacturers and catered to Electronic goods demand in USA and other European countries. After the defeat of Japan in World War II the USA stood along with its allies to rehabilitate Japan between 1945 and 1952. The Japanese Central Bank had followed the Window Guidance System through which loans were released liberally to certain segments and helping Japan to develop.Thereby the investment ration increased in Japan baked by Savings mobilisation, and technology development flexible labour supply and favourable external conditions helped Japan to rise from the loss incurred during World war II.

During the 1960's Japanese exports increased, Industialized countries gradually stepped up the pressure on the Japanese Government to open up its market. The wages increased and there by the labour market

During the economic boom Japan became the 2nd largest economy after the USA, and this scenario resulted in the slow development of USSR. Today Japan is considered is the strongest economies in the world.