Question

Japan experienced part of the worldwide depression and sought to improve its economy by expanding in the Pacific through military means. What implications would this have in the late 1930s and early 1940s with regard to the war in the Pacific as a whole?

Answer 1

Answer:

Thus, the Japanese economy suffered debilitating effects from two sources, the impact of the worldwide depression and the appreciation of the yen associated with the return to the gold standard. The consequences, economically, were abrupt deflation and a severe contraction of economic activities in 1930 and 1931.