How Did Japan's Economic Recovery After The Second World War
Japan’s economic recovery after the second world war was the product of a combination of a number factor.
1 Background of Japan
Japan is one of the leading countries in terms of economic, technological advancement, power state and military base on Earth compared to countries such as the united states of America, the Great Britain and France. Today, Japan is owning some of the motive companies such as Toyota, Datsun and Nissan. Under the leadership of Hirohito, Japan formed a partnership with Germany under the leadership of Adolf Hitler. Japan was ready to expand its territories through occupying Asia while Germany wanted the part of the West.
2 Introduction
The main point that this essay will focus on is the recovery of the economy of japan …show more content…
in 1948, japan officially started to trade with other countries. however, land reform had to be practiced in order to redistribute land to farmers and other mining people. ‘the break up of a large concentration of business power gave industries more flexibility and enabled new enterprise to compete freely whether or not belonged to a Zaibatsu group” (Dornbusch,R ed al., 1993:). this process prompted japan to practice inclusive economic relations with all citizens of the society. All members were now eager to participate in the economic exchange because the government allowed them to have private businesses and save their profit. This was in favour of the US because of that the Japanese people were then practicing capitalism policy which was against the Russian communism …show more content…
they heavily relied on the technological advancement of which opted them to have a strong relation with japan. the Japanese people drew much attention on their technological advancement in terms of making cheap, equitable and moderated cars in the world. other technological devices such as televisions made them on the spotlight. this started to boost their economy and to trade with the whole world and to compete with America. however, everything traded had to be administrated by the government. In reference of the work of Forsburg, A (2000), “Every purchase required a government approval, especially from the Ministry of International Trade and Industry (MITI). Somehow the government was still in control to some of the commercial practices that were held in the country. up to the recent reviews, japan is ranked as one of the leading countries on earth. it is responsible on providing some of the best technological devices of which helps to improve lives of humankind. the intervention of Americans had help to rebuild the relations of japan with the rest of the world. however, japan did move away from the power centered practiced by the emperors in the past to democratically elected ministries of the
1 Background of Japan
Japan is one of the leading countries in terms of economic, technological advancement, power state and military base on Earth compared to countries such as the united states of America, the Great Britain and France. Today, Japan is owning some of the motive companies such as Toyota, Datsun and Nissan. Under the leadership of Hirohito, Japan formed a partnership with Germany under the leadership of Adolf Hitler. Japan was ready to expand its territories through occupying Asia while Germany wanted the part of the West.
2 Introduction
The main point that this essay will focus on is the recovery of the economy of japan …show more content…
in 1948, japan officially started to trade with other countries. however, land reform had to be practiced in order to redistribute land to farmers and other mining people. ‘the break up of a large concentration of business power gave industries more flexibility and enabled new enterprise to compete freely whether or not belonged to a Zaibatsu group” (Dornbusch,R ed al., 1993:). this process prompted japan to practice inclusive economic relations with all citizens of the society. All members were now eager to participate in the economic exchange because the government allowed them to have private businesses and save their profit. This was in favour of the US because of that the Japanese people were then practicing capitalism policy which was against the Russian communism …show more content…
they heavily relied on the technological advancement of which opted them to have a strong relation with japan. the Japanese people drew much attention on their technological advancement in terms of making cheap, equitable and moderated cars in the world. other technological devices such as televisions made them on the spotlight. this started to boost their economy and to trade with the whole world and to compete with America. however, everything traded had to be administrated by the government. In reference of the work of Forsburg, A (2000), “Every purchase required a government approval, especially from the Ministry of International Trade and Industry (MITI). Somehow the government was still in control to some of the commercial practices that were held in the country. up to the recent reviews, japan is ranked as one of the leading countries on earth. it is responsible on providing some of the best technological devices of which helps to improve lives of humankind. the intervention of Americans had help to rebuild the relations of japan with the rest of the world. however, japan did move away from the power centered practiced by the emperors in the past to democratically elected ministries of the