Analisa Perkembangan Ekonomi Jepun (1900-1941)

Kumpulan 11. Mohamad Azidi Bin Zainudin D201410675042. Bibi Zura Royhan Binti Abdullah D201410675053. Muhamad Nazirul Izwan Bin Allias D201410675104. Fatin Syafirah Binti Jamil D20141067514

Textile Industry• A steady rise in foreign demand, especially in the United States ensured that silk

production in Japan continued to expand. • The Ministry of Agriculture and Commercial Affairs bought spinning machine from

England. Constructed and operated factories in order to help spread the spinning industries. Later on the factories were sold to the private sector.• Victory over China in 1895, had given a privileged access to the Chinese and

Korean markets then contributed to a phase of export-led growth.• Japanese silk exportation became twice than China, her closest competitor. The

production was three times that of Italy, and much greater than France.• For a long time about 75 % bulk of the raw silk was exported, but as the number

of factories increased, Japan steadily increased the proportion of the raw product transformed at home.• Textiles in Japan’s economic development is indicated by the fact that in 1930,

textiles industries had contributed about 36 per cent of country’s industrial revenue.

Agriculture

Land for cultivation1919 - 3,104,611 cho of land devoted for rice/paddy - 1729,148 cho of land for barley and wheat - The production of rice (60,818,00 yen) > combined total of barley and wheat

Japan’s Total Rice Output

1882- 10,692,000 koku1913- 50,222,000 koku1928- 60,303,000 koku

Government Role/Investment- Seed selection and a wider use of better seeds

- Afforestation to prevent floods-Development of better rural loan facilities- Schools for the training of agriculturalist

Tea Cultivation- 1 126,318 tea factories in Japan

-Total production in 1919 was valued about 34 million yen- 18.5 million yen was exported every year

- Exported to United states and Canada.

Agricultural Industry

Shipbuilding and Heavy Industries• The Japanese shipbuilding industry showed remarkable growth after

the Sino-Japanese war(1894-95). In 1901 the number of ships produced in Japan exceeded the number imported.• 4 companies (Mitsubishi Nagasaki, Osaka Steel, Kawasaki, Ishika

Wajima) came close to international levels. E.g: Mitsubishi has build 13,000 tons ocean going vessels in 1908.• Coal Mining industry developed remarkably increasing production to

19, 630 thousands tons of coal a year by 1913. Metal and copper mining industries also increased greatly and became the core of industry.• Railway manufacturing (1902) – most of the railway vehicles were

domestically produced.

• Steam Train Manufacturing and Kawasaki Shipbuilding Co. were able to manufacture steam locomotives by 1913.• 1917 – Japan produced their first gasoline engine car.

Mitsubishi Model A

Financial Institution• Growth in the industrial sector due to the management of the financial system in

an organized and systematic in Japan. The rapid development in economy led to the currency introduced and established bank. In 1872, the Bank established Mitsu-Ono. In 1873, the Bank established a model-based bank in the United States. By 1882, Japan's central bank was established and this bank becomes major government financial agencies.• In 1868, paper currency unit of ryo converted to yen. In 1880, the Yokohama

Specie Bank emerged as a major foreign bank in Japan. In 1896, the government set up a bank Hypothec. Hypoyhec Bank acts as a bank for central banks and industrial agriculture in 47 prefectures of Japan. In 1900, the Industrial Bank of Japan to finance large-scale industrialization. By the end of the 19th century, there were more than 200 banks in Japan. The emergence of these banks helps industrial organizations in Japan.

ConclusionJapan economic shows a fluctuations in growth throughout the

year 1900 until 1941. The ups and downs in the pre-1940 economy were, to a degree stimulated by events in the global economy. For instance, the economic growth between 1915 and the 1920s was fueled at least in part by surge in European orders WW1 and by the economic boom that followed. The subsequent decline shared the effect of the great depression on Japan. The spurt in the late 1930s was caused largely by the stepped-up production in preparation for WW2.