In which asian country was a fascist style economy also attempted as a result of the Great Depression?
1 answer
The fascist style economy that was attempted as a result of the Great Depression was in Japan. In the 1930s, the Japanese government implemented a series of economic policies known as the "Showa Statism" or "Japanese fascism," influenced by European fascist ideologies, particularly Italy. Under this system, the government took control of key industries, adopted protectionist measures, pursued expansionist policies, and promoted the idea of a self-sufficient and militaristic state. This economic model aimed to combat the effects of the Great Depression and strengthen Japan's position as a regional power.