How did the Japanese economy benefit from The Koran war

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History

Dustin Mcmahon

28 December, 08:38

How did the Japanese economy benefit from The Koran war

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Dalton Pratt · Answer 1

Over $3.5 billion was spent on Japanese companies, peaking at $809 million in 1953, and the zaibatsu went from being distrusted to being encouraged.

Explanation:

The outbreak of the Korean War boosted Japan's economy as Japan became the supplier of goods needed for war. Payments from the US government bolstered the Japanese economy, amounting to 27 percent of Japan's total export trade.