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
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