Japanese economic miracle

The Japanese economic miracle refers to the time in Japan just after WW2, when the country developed quickly over a period of 30 years from a broken war damaged state to a world economic superpower. By the mid 1980s companies like Toyota and Sony were world famous.

Japanese Economic Miracle Media

• 1946 American newsreel on life in Japan: extreme inflation, housing problems, and shortages of food and other vital supplies are mentioned.

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  Although SCAP banned all military-related activities including research, such as aviation, their foundations survived and became the basis for the resurgence of Japan's heavy industries in the 1950s.

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  Consumer electronics shops in Tokyo in 1971: consumer electronics and cars became symbols of the Japanese middle class

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  Japanese coal- and metal-related industry experienced an annual growth rate of 25% in the 1960s, with the steel plant of Nippon Steel Corporation in Chiba Prefecture being a notable one.