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For the last fourteen years at least 30000 Japanese have killedthemselves annually Traphagan Japans Suicide Problem Searching forAnswers With such an ongoing problem there could be countless reasonsas to why so many people would want to take their own lives Yet themost common reason is the economic downfall occurring in Japan that isleading to depression and causing such an atrocity in suicide ratesExactly what effect does economic downfall play in the horrific andabundant rate of suicide The issue started when Japan began to face afinancial crisis in the 1900s Numbers quickly escalated afterwardsCurrently with failure to get jobs in many of parts of Japan thesuicide rate has not changed With the population quickly diminishingthe future does not look so positiveHow exactly did the large masses of suicide start Japan started facingeconomic downfall in 1997 and 1998 after bursting a bubble BISPaper No 6 During the financial crisis of 1997 and 1998 suicidesincreased around 35 Traphagan Japans Suicide Problem Searchingfor Answers This was a year gap and already 35 more Japanese wantedto take their own lives Some causes off the financial crisis were realestate and stock prices greatly inflating The weakest banks becomeunstable and soon went down hill With this said it is evident that theeconomic downfall in Japan had already affected more people thanconceived Without a doubt there is still an unacceptable rate of suicides goingon in JapanThe numbers are only getting worse if the economy continues to beundermined The number of people who committed suicide indicatingfailure to get jobs rose to 424 up 20 percent from the year beforeand more than doubling from 180 in 2007 Yamaguchi Japan Suicide RateStill Among The Worlds Highest Due To Low Job Prospects Thereforefailure to get jobs is evident in showing that an insufficient financialeconomy caused the suicide rate to increase Since there were no jobs tobuild a sustainable life many Japanese viewed suicide as a solution A weakening economy is an issue for many countries
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