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🇯🇵Japan🇯🇵 (Growth in Japan (In 1960 the Prime Minister Hayato Ikeda…
🇯🇵Japan🇯🇵
Growth in Japan
In 1960 the Prime Minister Hayato Ikeda made a plan to double the economic growth of Japan. With his new plan, japan experienced great growth until the oil crisis of 1973.
The Japanese economy began to flourish after the Korean War although they did not have much involvement in the fighting
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Japan had a growth rate of 11% in the 1960’s, over double that of the United States.
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Politics in Japan
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In 1947, a brief socialist party came to be incharge of Japan, but only lasted for a year
The LDP was formed, also known as the LIberal Democratic Party, and the prime ministers who led Japan after the war were members
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