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Excerpts from report of advisory panel on Japan’s history and its role in the future

The Yomiuri Shimbun1. How should we view the history of the world and Japan in the 20th century? What are the lessons we should learn from the experiences of the 20th century? (1) The History of the World and Japan in the 20th Century (a) From Imperialism to International Cooperation (omitted) (b) From the Great Depression to World War II The onset of the Great Depression in the United States in 1929 brought great changes to the world as well as to Japan. The German economy, which had relied on funds flowing in from the United States, collapsed, and the Nazi and Communist Parties made gains there. The high tariffs policy adopted by the United States dealt a massive blow to Japanese exports...

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