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How did the Great Depression impact Japan?

User Mushi
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Japan, an island nation with few natural resources, relied on foreign trade. When the Great Depression hit the world in the early 1930's, counties no longer imported Japanese luxuries such as silk.
User Mingebag
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Japan, an island nation with few natural resources, relied on foreign trade. ... When the Great Depression hit the world in the early 1930's, counties no longer imported Japanese luxuries such as silk. The value of Japanese exports dropped by 50% between 1929 and 1931

User Ma Jerez
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