Which of the Following Statements About Japan's Historical Economic Performance

question 46

Multiple Choice

Which of the following statements about Japan's historical economic performance is NOT true?

• A) Japan's economy had grown steadily from the late 1860s through the Great Depression.
• B) Although hurt by the Great Depression, Japan recovered quickly and by 1941 was one of the world's fastest growing economies.
• C) Previous to the occupation following World War II, the Japanese domestic market was rather small.
• D) The post-World War II occupation brought about reforms that led to the substantial reduction of the concentration of economic power in the country and the expansion of the domestic market.
• E) Japan did not achieve a favorable trade balance until after WWII.

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