Militarist Govt’s industrialisation efforts ⇒ efforts were further encourages by new emphasis on ⇒ expanding empire and preparing for war.
- also shifted from developing consumer industries to heavy industries + chemical production
- led to a production of arms and big construction projects ⇒ roads, railways, bridges
Govt ⇒ also increased spending to stimulate Japans’s economy. More money ⇒ set aside for heavy industries, expanding manufacturing industries and strengthening Japans’s economy
Set up of these new industries ⇒ gave rise to new zaibatsu
- large business corporations ⇒ made huge profits from govt contracts in chemicals, construction and related areas
- included Nissan, Nichitsu, Mori ⇒ which were closely linked to and influenced by military
- played key role in Japans empire ⇒ through economic development and exploitation of resources in Korea and Manchuria.
Military hoped ⇒ this would enable Japan to develop into self sufficient and industrially strong state.