Examine the economic resur gence of Japan after World war II.
Answers
The Japanese economic miracle was Japan's record period of economic growth between the post-World War II era to the end of the Cold War. During the economic boom, Japan rapidly became the world's second largest economy (after the United States). By the 1990s, Japan's demographics began stagnating and the workforce was no longer expanding as it did in previous decades, despite per-worker productivity remaining high.This economic miracle was the result of post-World War II Japan and West Germany benefiting from the Cold War. It occurred chiefly due to the economic interventionism of the Japanese government and partly due to the aid and assistance of the U.S. Marshall Plan.[1] After World War II, the U.S. established a significant presence in Japan to slow the expansion of Soviet influence in the Pacific. The U.S. was also concerned with the growth of the economy of Japan because there was a risk after World War II that an unhappy and poor Japanese population would turn to communism and by doing so ensure that the Soviet Union would control the Pacific.