Abstract
Due to the Great Depression, Japan pushed ahead with fiscal austerity and industrial rationalization, and a lot of small merchants in colony Chosun failed to be protected politically and went broke. Especially, it was the problem that Japanese merchants enjoyed convenience benefited by enormous capital and political support and snatched away Chosun people’s commercial supremacy.BR Coping with the economic crisis, the merchants held commercial meetings, asked for the installation of financial agencies for retailers, or engaged in movements to lower the rent in commercial associations. And there was a movement to organize separate chambers of commerce for Chosun people in order to advance the commerce for Chosun people by placing endeavors for joint purchase and consistent market price to maintain the status quo of small merchants. However, most chambers of commerce were organized by both merchants of Chosun people and Japanese that such a plan did not pan out as purported.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have