1. JAPAN'S ECONOMIC DEVELOPMENT
... to the next period of Japan economic development. This period was between 1960 and 1973. The author Dennis Smith describes the years between 1960 and 1973 as having "aura of a golden age for Japan" (Smith, Page 96). One popular explanation for the tremendous amount of economic growth in Japan was called the Japan Incorporated. This model of decision making still continues to ... on Japan's economic growth. Earlier growth was easy because they could import western technology without the costs. Now Japan had to pay the cost of its own research development. The golden era did however come ...
- Word Count: 2803
- Approx Pages: 11
- Grade Level: High School