Question

Give an account of economic resurgence of Japan after World War II.

Answer 1

Answer:

The Japanese economic miracle is known as 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.

Explanation: