World_War_II

World War II 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 japan, economic, because, united, japanese, states, war, new, about, planning, people, helped, agency, land, post, known, help, very, power, period, money, machinery, food, american, after, time, recovery, plan, needed, major, japan’s, board, became, york, year, work