|
Industrial Production In Shōwa Japan
This article covers the development of the industry in the Empire of Japan, during the rise of statism in the first part of the Shōwa era. In its first 70 years, following the Meiji Restoration, factory production in Japan was all but non-existent, but by the first years of the Shōwa era, Japan was at a level comparable to many industrialized European countries. Industry in Japan grew both qualitatively and quantitatively. In 1920, the textile industry was the most important and Japan was known mainly as a manufacturer of wool and silk products, fabrics, fans, toys and similar goods. By 1939, however, industrial production in the areas of metallurgy and chemical products had grown by more than 100%. Industrial output grew significantly during the period 1929-1942, while the total value of heavy industry in Japan, valued at approximately US$700 million in 1931, had risen to US$3.7 billion by 1940. Taking the effects of inflation into consideration, this growth indicates a rise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufactured products tend to generate h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |