The Economic Miracle
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Introduction
The effects of the Second World War was felt in Japan as it not only caused the loss of lives and long term side effects due to the bombing but also impacted the economy negatively causing concern of whether a revival is achievable.in comparison with other powerful nations, Japans GNP was a subject of concern, XXXXXXXX commented on XXX XXXXX saying there was no possible chance of XXXXXXX XXX to XXX XXXXXXXX political scene XXX XXXXXXXXXX in XXX country (McClain, XXXX, XX, 571). X XXXXXX was XXXXXXX realized and considered a miracle XXXXX it XXX XXXX and unexpected. XXXX paper XXXXXXXXX XXXXXXXXX XXXXXXX leading to XXXXXXXX change, XXX XXXXXX it XXX, and who XXX beneficiaries were.
XXXXXXXX XXXXX XX XXXXXX Japan
XXXX Economic XXXXXXXXX
XXX XXXXX line
The occupation period in XXXXX XXX the US delegate roles to experts in XXXXXXX fields to advise XXX XXXX XX Japan matters. On matters of XXXXXXXX XXXXXXX, joseph. M dodge, a banker XXXX XXXXXXXXX in XXX economic XXXXX was XXXXXXXXX XXXXXXX XX the XXXX to help on the revival XX Japan's XXXXXXX. His main XXXXX XXX on XXXXXXXXX hyperinflation in Japan XXX XXXXXXXXX XXXX up XXXX measures to reduce spending by XXXXXXXX changes to XXX systems in XXXXX in the government’s economic XXXXXXXX to XXXXXX a XXXXXXXXXX in the economy, these XXXXXXXX XXXXXX was XXXXXX the XXXXX XXXX XXX working together XXXX the then prime minister this XXX XXXXXXXXXX the XXXXX XXXXX XXXX XXXXXX a XXXXXX XX XXXXXXXX affluence in Japan XXXXXXX the drawbacks it XXXXX with a XXXXXX of recession in XXX XXXXXXX (XXXXXXX, 2001, pg XXX).
Priority production program
The XXXXXXXX government identified the XXXX to XXXXXXX XXXXXXXX necessary XXX XXXXXXXX XXXXXXX of XXX XXXXXXX XXXX were considered crucial XX economic XXXXXX was to XX achieved. By XXXXXXXXXXX and channeling XXXXXX XXXXXXXXX to these XXXXXXX, the XXXXXXXXXX helped to XXXXXX XXX economy, XXX XXXXXXXXXXXXX XXXXXX, XXX XXXXXXX, was one XX XXX highest priority XXX was XXXXXXXX with necessary XXXXXXXXX to XXXXXXX its growth. XXXX XXXXXXXX XXXXXX highly effective as the products XXXX these XXXXXXX were in high XXXXXX XXXXXX the XXXXXX War which helped XXXXX in money to XXX country ((McClain, 2001, pg XXX).
Formation of the XXXXXXXX XXXXXXXX Agency (XXX)
XXX formation XX the XXX XXXXX dominated the political scene in XXXXX XXXX-XXXXXXXXXXXX XXXXXX steer the country XXXXXX XXXXX XXXXXXXX XXXXXX. XXX XXXXXXXXX part priority was XX ensure the country XXXXXXXXXXX fast economic XXXXXX and this was XXXXXXXX through the adoption of XXXXXXX policies XXXX XXX most XXXXXXXXX one being XXX formation XX the XXX XXXXX was responsible XXX XXXXXXXXX the economy XXX XXXXXXXXXXX policies necessary XXX positive change, XXX plans formulated XX this XXXXXX was instrumental in XXXXXXXX XXXXX XXX XXXXXXXX XXXXXX XXXXXXXXX in Japan (McClain, 2001, XX 574).
1964 XX a XXXXXXX XXXXX for XXXXX
1964 was significant in XXXXX's history XX it XXXX the XXXXXX a XXXXXX XX show XXX XXXXXX XXXXX of XXX development XXXXX the war XXXXXX to a peaceful XXXXXXXXXXXX developed nation. Japan qualified to XXXX XXX XXXXXXXX in 1964 in Tokyo XXXXXX had a XXXXXXXX chance but canceling it XXX XX war with XXX XX, XXXX XXXXXX, therefore, XXX a XXXXXXX XXXXX for the country XX it was their chance XX show how far it had XXXX since XXX war XXXX XXXXXXXXXX strategies XX XXX organizing committee (XXXXXXX, 2001, XX, 562)
International factors
The XXXXXXXX XXXXXX and affluence in postwar XXXXX could not be possible XXXX XXXXXXX international XXXXXXX that played a role in paving XXX XXX XXXXXXXXXX XXXXXXXX in the country, the occupation saw an XXXXXXXXX XX the union XX nations XXX XXXXXXXXX XX XXXXXX Japan XXXX various treaties in XXXXX, XXX XXXXXXX, XXX XXXXXXXX treaty (XXXXXXX, XXXX, pg, 171-172). XXX instance, Japan XXXXXXXXXX a close XXXXXXXXXXXX with XXX US which exercised XXXXXXXXX in XXX country’s activities XXXXXXX XXX SCAP. XXXXXXXX Policies XXXX in the country during XXXX period XXXX XXXX with XXX approval XX XXX XXXX with the XXXX XX XXXXXXXX XXXX were XXXXXXX in XXX field (XXXXXXX, 2001, XX, XXX).
XXXXXXXX XXXXXXX and beneficiaries
At the XXXXXXXXX XX XXX century, XXX XXXXXX still XXX plenty XXXXXXX as it XXX not developed enough to XXXX XX itself, XXXXXXX with XXX affluence that the late XXXXXXXXX century XXXXXXX, innovativeness XXXXXXXXX XXX XXXXXXX XXXX new XXXXXXXXXXXXX like loans XXX XXXXXXXX technology, more exports XX XXXXX manufactured in XXX country XXX witnessed. Exports meant increased XXXXXXXXXX revenue and consequently improved XXX XXXXXXX. The beneficiaries of this increased XXXXXX XX production were XXX businessmen who XXXX high XXXXXXX in XXXXXXXXX products XX the US XXXXXXXX XXX XXXXX XXXXXXX, XXX instance, XXXXXX increased XXX XXXXXXXXXX of its XXXXXXXXXXX XXX XXXXXXXX in XXXXXXXXXXXXX demand XXX its automobiles XXXXXXXX XXXX XXXXXXX automotive XXXXXXXX, XXXXXX. This XXXXXXXXX XXXXX of production XXXX benefited XXXXXXX XXXXX of people XXX were XXXXXXXXX XX employment opportunities increased to an XXX-XXXX XXXX (McClain, XXXX, pg, 576).
XXX XXXXXXXXXX industry also XXXXXX XXXXXXXXXXXXXXX XXX XXX business XXXXXX invested in XXXXX XXXXXXX benefited XXXXXXX from XXXXXXXXX. The XXXX notable XXXXXXXXX XXXXX sony which XXXX advantage of XXXXX XXXXXX XXXX the west to XXXX inventions XXXXXXXXXXX in the XXXXXXX of technology. XXX rival Matsushita XXXX made a significant contribution to home appliances inventions XXX both businesses were among XXX many XXXXXX that thrived and XXXXXXXXX from XXXXXXXXX. Distributing XXXXXXXXX XXXX XXXX XXX XXXXXXXX impact of XXXXXXXXX with a wide variety XX products XXX XXXXXXXXX (McClain, 2001, pp, 576-XXX).
XXX people XX Japan XXXX XXXXXXXXX XXXX the affluence XXXXXXXXX in XXX XXXXXXX. Initial XXXXX were characterized XX a XXXXX number XX farmers XXX lived low XXXXXXXXX of XXXX due XX XXXXXXX, XXXXXXX post-XXX, most farmers XXXX up their rural XXXX XXX moved to urban centers in XXXXXX XX a XXXXXX life, following economic development in the XXXXXXX, and XXXXXXXX standard of living XXX witnessed with XXXXXX diets and XXXXXX XXXXXX (XXXXXXX, XXXX, XX, 584)
XXXXXXXX side-effects
Social costs accompanied the XXXXXXXXX in the XXXXX of post-XXX XXXXX, a lot XX XXXXXXXXXX XXX to XX XXXX XX XXXXXXXXXXX that XXXXXXXXX the XXXXXX XXX XX that XXX XXXXXXXXXX XXX norm. XXX XXXXXXXX with the XXXXXXXXX dive to XXXXXX XXX standard XX an XXXXXXXX person with XXX hope of lifetime XXXXXXXXXX, XXXX XXXX XXXXX rural XXXXXX and XXXXX to urban XXXXXXX XXXXXXX overcrowding and questionable XXXXX sizes XXXXXXX a general XXXXXXXXXXX in XXX XXXXXX XXXXXXXXX. The XXXXXXX XX XXXXX XXXXXXXXXXXXXXXXX were XXXX XXXX XXXX pollution-XXXXXXX detrimental XXXXXX XXXXXXX XX XXXXXXXXXXX both in rural XXX urban XXXXX (McClain, 2001, pg, XXX).
XXXXXX XXXX out with XXX XXXXXXXX XXXXXXXX
XXXXXX XXX XXXXXX of rapid economic growth in XXXXX, the emergence of XXXXXX XXXXXXX was XXXXXXXXX with XXXXXXXXXXX being categorized XX the XXXXXX, middle, and XXXXX classes. XXX higher classes XXXXXXXX of the extremely wealthy XXXXXXXX people XXX XXXXXXXXXXXX XXX XXXXXXXX XXXXX in the middle XXXXX. XXX lower classes however XXXXXXXX XXXXX XXX could not XXXXXX XXX life XXX XXXXX classes XXX, this group was XXXX XXXXXX XXXXXXX in the XXXXXXXXXXX of XXXXXXXX XX XXXXXXXX with economic XXXXXXXXXXX XXXXX affairs XXXX XXXXX considered. These groups made XX neighborhoods referred to XX Shitamachi XXX XXX not XXXX XXX status XX a salary XXX (McClain, XXXX, pg, XXX). Individuals that XXXX from classes XX people XXXXXXXXXX peasants were XXXX left out XX the advancement, XXX XXXXXXXXXX XXX that XXX were equal however getting access to education XXX a fair chance to XXXXXXXXXX was a problem for XXXX that XXXX XXXX XXXXXXXX XXXXXX in XXXXXXX (XXXX, 2016, pg, XXX)
XXXXXXXXXX
XXX XXXX XXXXXXXXX century XXX a period XX great change in the XXXXXXXX setup in XXXXX with XXXXXXXXX standards XX XXXXXX and an XXXXXXX XXXXXXXXXXX in the country’s economic XXXXXXXXXXX, XXX XXXXXXX XXX recovered from the effects XX XXX and XXXX an entrance XXXX the international XXXXX with XXX XXXXX show being at XXX XXXX XXXXXXXX (McClain, XXXX, pp 562-XXX)XXX policies adopted XX the government XXXXXXXXX advice XXXX international bodies and XXX XXXXXXXXX of crucial XXXXXXXX XXXXXXX the country in XXX right direction XXXXXXXXXXXX. However, social XXXXX were XXXX as the negative XXXXXX of economic growth XXX this XXX justified with XXX XXXXXXXXXXXX XXXXXXXX XXXXXX XXXX XX the people.
References
Hane, M. (XXXX). XXXXXXXX, rebels, XXXXX, XXX outcastes: the XXXXXXXXX XX XXXXXX Japan. XXXXXX: XXXXXX &XXX; XXXXXXXXXXX.
Huffman, X. L. (2001). Modern XXXXX: a XXXXXXX in XXXXXXXXX. XXX York: Oxford University Press.
XXXXXXX, X. X. (2001). Japan, a XXXXXX XXXXXXX. XXX York, XX: W.X. XXXXXX &XXX;