... economic growth was stopped they "showed remarkable resilience and flexibility, so that by the time of the second oil shock in 1979 it was on a sound basis." (Smith, Page 137). In the 1980's to today Japan is maintaining a respectable constant economic growth. Much of this growth was due to exports and purchases of assets over seas. In the mid 1980's a new phenomenon began to develop. It was called ... 161). In conclusion Japan's rise in economic growth has been one of the most extreme development in postwar history. Japan today has one of the largest economies in the world. When you lo...

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• Approx Pages: 11
• Grade Level: High School