#japanese_economic_miracle
Japanese economic miracle
Period of rapid economic growth in Japan from the 1950s to 1990s
The Japanese economic miracle refers to Japan's record period of economic growth between the post-World War II era and the beginning of the global Oil Crisis (1955-1973). During the economic boom, Japan rapidly became the world's third-largest economy. By the 1970s, Japan was no longer expanding as quickly as it had in the previous decades despite per-worker productivity remaining high.
Tue 27th
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