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What was the impact of the global depression on Japan's economy?

A. It caused a moderate decline in production and lasted fewer years than in Britain or the U.S.
B. It caused a large decline in production and lasted more years than in Britain or the U.S.
C. It caused a moderate decline in production and lasted more years than in Britain or the U.S.
D. It caused a large decline in production and lasted fewer years than in Britain or the U.S.

Sagot :

GinnyAnswer

Final answer:

The global depression had a severe and prolonged impact on Japan's economy, causing a significant decline in production and lasting longer than in Britain or the U.S.


Explanation:

The impact of the global depression on Japan's economy was significant. Japan experienced a large decline in production and the effects lasted longer than in Britain or the U.S. The economic downturn in Japan, known as the 'Asian Contagion,' not only affected its own economy but also had ripple effects on neighboring economies due to Japan's role as a major market for exports.


Learn more about Impact of global depression on Japan's economy here:

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