Asked by wholemelt
How were farmers able to afford to buy land?
The US government funded the purchase of land.
The Japanese government sold land at a reasonable price.
The Japanese government redistributed all land equally.
The wealthy had to sell land to them in installments.
All Answers 1
Answered by
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The wealthy had to sell land to them in installments.
After WWII, under U.S. occupation the Japanese government forced landlords to sell holdings and then sold that land to tenant farmers at government-set prices, with tenants paying in low-interest, long-term installments. This made ownership affordable and ended much of Japan’s tenancy system.
After WWII, under U.S. occupation the Japanese government forced landlords to sell holdings and then sold that land to tenant farmers at government-set prices, with tenants paying in low-interest, long-term installments. This made ownership affordable and ended much of Japan’s tenancy system.
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