Japan is one of the countries that were hugely affected by the impact of the Second World War. The country lost around 3 million people with a quarter of the national wealth destroyed. At the end of the Second World War, Japan resurrected its economy and went through a period of rapid economic growth.
One of the reasons that influenced the growth of Japan includes socio-political stability. At the end of World War II, Japan became very stable under the SCAP. The culturally homogenous society had no stalled internal rebellions such as the Korean or Chinese Civil Wars. Japan’s labor markets were the most stable in the globe with permanent employment and strong unions. Post War democratization and stability also resulted in the strong economic growth that the country experienced. Until 1952, the land was occupied by Allied forces. The country was democratized during this time. In 1947, the New Japanese Constit
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