Question

What was japans response to the Great Depression. How did they deal with it and what was the outcome?

Answer 1

Answer:Japan achieved an early recovery from the Great Depression of the 1930s. A veteran finance minister, Takahashi Korekiyo, managed to stage the recovery by prescribing a combination of expansionary fiscal, exchange rate, and monetary policies.

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Answer 2

Japan achieved an early recovery from the Great Depression of the 1930s. A veteran finance minister, Takahashi Korekiyo, managed to stage the recovery by prescribing a combination of expansionary fiscal, exchange rate, and monetary policies. ... The monetary policy largely accommodated exchange rate settings.

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