... ashes of World War II, Japan achieved an economic growth "miracle" that made it the envy of many other countries. One factor that contributed to Japan's dramatic rise was a particular set of close state-market relationships that is sometimes called "Japan, Inc." but may be more appropriately termed the "developmental state." Japan became one of the largest economies in the world ... embarked on a period of great economic growth, which is growing at a faster rate every day. iii. Recent basis for trade As late as the 1980s, prime ministers were expected to serve a tenure as MITI minister ...

• Word Count: 1210
• Approx Pages: 5
• Grade Level: High School