5 Questions
What has been the primary cause of the decline in the Japanese economy in recent years?
A major natural disaster
What event occurred in 1953 that still affects the political landscape of East Asia today?
The end of the Korean War
What is the estimated number of evacuees still living in other areas of Japan due to the Fukushima nuclear disaster?
110,000
What strategy has Prime Minister Shinzo Abe put forth to improve the Japanese economy?
The 3 arrows strategy
What is the worst nuclear disaster since Chernobyl?
The nuclear power plant at Fukushima Daiichi
Study Notes
- The Japanese economy has been in decline for the past several decades.
- The recession has been particularly severe in recent years, with job security declining and rates of poverty increasing.
- In March 2011, Japan was hit with a major natural disaster, which caused a decline in the economy.
- The Korean War ended in 1953 but political tensions between North and South Korea continue to threaten the peace.
- South Korea has become one of the strongest economies in Asia and is a major player in the global economy.
- The Korean War killed millions of people and left millions homeless. Authorities began a massive rescue and recovery effort.
- The nuclear power plant at Fukushima Daiichi was damaged in the tsunami and created the worst nuclear disaster since Chernobyl.
- There are still 110,000 evacuees from Fukushima living in other areas of Japan. Prime Minister Shinzo Abe has put forth a "3 arrows" strategy to improve the Japanese economy.
Test your knowledge on key economic and political events in Japan and South Korea, including the Japanese economic decline, the Korean War aftermath, and the Fukushima Daiichi nuclear disaster.
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