The Great Depression had a significant impact on Japan's economy. The country, heavily dependent on exports, experienced a sharp decline in international trade, leading to a decrease in industrial production and widespread unemployment. The agricultural sector also suffered as prices fell and demand decreased. The Japanese government implemented various measures to combat the crisis, including devaluing the currency, reducing interest rates, and implementing protectionist policies to safeguard domestic industries. These efforts eventually helped stabilize the economy, but Japan's experience during the Great Depression contributed to growing militarism and nationalism in the 1930s.
