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Last I will give a conclusion and where I believe Japan economy will be in the future.
To understand Japan economic boom after the war you must also look at there history. Without the creation of the industrial economy during the Meiji Japan this economic growth after postwar could have not happened. To look even closer lets examine the period before called the Tokugawa period, from 1630's until the 1860's. Smith explains that "during this period Japanese economy experienced unparalleled growth and structural change" (Smith, Page 4). The system was set up on rules and obligations on all sections of society...
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Common topics in this essay:
- Japan and Western Europe in Feudal Times
- Japan's Economic Development
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