I know that the japanese had improvements in finance thanks to the industrial revolution but i dont understand how their finance improved? also did western europe also have these imporvements in their finances, why or why not?
thanks for any help
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The Industrial Revolution was the start of Industry on a big scale. For the first time in history large amounts of goods could be produced quickly at a low cost. This meant that there were more goods bought and sold because there were more goods to buy and sell and more people who could afford them. More money changing hands meant more tax revenue for the governments and on the whole made the countries involved more prosperous.
In the case of Japan, the industrial revolution really only hit home after WW2 when in just a few decades it rebuilt it’s economy by investing in industry. Japan concentraited on electronic goods, a wise move when you consider that in the economic boom of post war america everyone wanted new-fangled electronics like TVs, washing machines and vaccum cleaners etc.
Hope that helps.