Japanese Economic Miracle
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Japanese Economic Miracle
The Japanese economic miracle refers to Japan's record period of economic growth between the post-World War II era and the end of the Cold War. During the economic boom, Japan rapidly became the world's second-largest economy (after the United States). By the 1990s, Japan's population demographics had begun to stagnate, and the workforce was no longer expanding as quickly as it had in the previous decades despite per-worker productivity remaining high. Background This economic miracle was the result of post-World War II Japan and West Germany benefitting from the Cold War. The American government reformed Japanese society during the occupation of Japan, making political, economic and civic changes. It occurred chiefly due to the economic interventionism of the Japanese government and partly due to the aid and assistance of the U.S. aid to Asia. After World War II, the U.S. established a significant presence in Japan to slow the expansion of Soviet influence in the Paci ...
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Keiretsu
A is a set of companies with interlocking business relationships and shareholdings. In the legal sense, it is a type of informal business group that are loosely organized alliances within the social world of Japan's business community. The ''keiretsu'' system dominated the Japanese economy for the second half of the 20th century, following the dissolution of the ''zaibatsu'' after World War II, and, to a lesser extent, continues to do so in the early 21st century. The members' companies own small portions of the shares in each other's companies, centered on a core bank; this system helps insulate each company from stock market fluctuations and takeover attempts, thus enabling long-term planning in projects. It is a key element of the manufacturing industry in Japan. History The prototypical ''keiretsu'' appeared during the Japanese economic miracle which followed World War II, amid the dissolution of family-controlled vertical monopolies called ''zaibatsu''. The ''zaibatsu' ...
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Japanese Asset Price Bubble
The was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and Japan's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion.Kunio Okina, Masaaki Shirakawa, and Shigenori Shiratsuka (February 2001):The Asset Price Bubble and Monetary Policy: Japan's Experience in the Late 1980s and the Lessons More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.Edgardo Demaestri, Pietro Masci (2003): Financial Crises in Japan and Latin America, Inter-American Development Bank Through the creation of economic policies that cultivated the marketability of assets, eased the access to credit, and encouraged speculation, the Japanese government started a prolonged an ...
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Air Raids On Japan
Air raids conducted by Allied forces on Japan during World War II caused extensive destruction to the country's cities and killed between 241,000 and 900,000 people. During the first years of the Pacific War these attacks were limited to the Doolittle Raid in April 1942 and small-scale raids on military positions in the Kuril Islands from mid-1943. Strategic bombing raids began in June 1944 and continued until the end of the war in August 1945. Allied naval and land-based tactical air units also attacked Japan during 1945. The United States military air campaign waged against Japan began in earnest in mid-1944 and intensified during the war's last months. While plans for attacks on Japan had been prepared prior to the Pacific War, these could not begin until the long-range B-29 Superfortress bomber was ready for combat. From June 1944 until January 1945, B-29s stationed in India staged through bases in China to make a series of nine raids on targets in western Japan, but this ...
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Nagasaki
is the capital and the largest city of Nagasaki Prefecture on the island of Kyushu in Japan. It became the sole port used for trade with the Portuguese and Dutch during the 16th through 19th centuries. The Hidden Christian Sites in the Nagasaki Region have been recognized and included in the UNESCO World Heritage List. Part of Nagasaki was home to a major Imperial Japanese Navy base during the First Sino-Japanese War and Russo-Japanese War. Near the end of World War II, the American atomic bombings of Hiroshima and Nagasaki made Nagasaki the second and, to date, last city in the world to experience a nuclear attack (at 11:02 am, August 9, 1945 'Japan Standard Time (UTC+9)'). , the city has an estimated population of 407,624 and a population density of 1,004 people per km2. The total area is . History Nagasaki as a Jesuit port of call The first contact with Portuguese explorers occurred in 1543. An early visitor was Fernão Mendes Pinto, who came from Sagres ...
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Hiroshima
is the capital of Hiroshima Prefecture in Japan. , the city had an estimated population of 1,199,391. The gross domestic product (GDP) in Greater Hiroshima, Hiroshima Urban Employment Area, was US$61.3 billion as of 2010. Kazumi Matsui has been the city's mayor since April 2011. Hiroshima was founded in 1589 as a castle town on the Ōta River delta. Following the Meiji Restoration in 1868, Hiroshima rapidly transformed into a major urban center and industrial hub. In 1889, Hiroshima officially gained city status. The city was a center of military activities during the imperial era, playing significant roles such as in the First Sino-Japanese War, the Russo-Japanese War, and the two world wars. Hiroshima was the first military target of a nuclear weapon in human history. This occurred on August 6, 1945, at 8:15 a.m., when the United States Army Air Forces (USAAF) dropped the atomic bomb "Little Boy" on the city. Most of Hiroshima was destroyed, and by the end of th ...
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Atomic Bombings Of Hiroshima And Nagasaki
The United States detonated two atomic bombs over the Japanese cities of Hiroshima and Nagasaki on 6 and 9 August 1945, respectively. The two bombings killed between 129,000 and 226,000 people, most of whom were civilians, and remain the only use of nuclear weapons in armed conflict so far. In the final year of World War II, the Allies prepared for a costly invasion of the Japanese mainland. This undertaking was preceded by a conventional and firebombing campaign that devastated 64 Japanese cities. The war in the European theatre concluded when Germany surrendered on 8 May 1945, and the Allies turned their full attention to the Pacific War. By July 1945, the Allies' Manhattan Project had produced two types of atomic bombs: "Fat Man", a plutonium implosion-type nuclear weapon; and "Little Boy", an enriched uranium gun-type fission weapon. The 509th Composite Group of the United States Army Air Forces was trained and equipped with the specialized Silverplate version of the ...
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Susanoo-no-Mikoto
__FORCETOC__ Susanoo (; historical orthography: , ) is a in Japanese mythology. The younger brother of Amaterasu, goddess of the sun and mythical ancestress of the Japanese imperial line, he is a multifaceted deity with contradictory characteristics (both good and bad), being portrayed in various stories either as a wild, impetuous god associated with the sea and storms, as a heroic figure who killed a monstrous serpent, or as a local deity linked with the harvest and agriculture. Syncretic beliefs that arose after the introduction of Buddhism to Japan also saw Susanoo becoming conflated with deities of pestilence and disease. Susanoo, alongside Amaterasu and the earthly Ōkuninushi (also Ōnamuchi) – depicted as either Susanoo's son or scion depending on the source – is one of the central deities of the imperial Japanese mythological cycle recorded in the ( CE) and the (720 CE). One of the gazetteer reports () commissioned by the imperial court during the same peri ...
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Amaterasu
Amaterasu, also known as Amaterasu Ōmikami () or Ōhirume no Muchi no Kami (), is the goddess of the sun in Japanese mythology. One of the major deities (''kami'') of Shinto, she is also portrayed in Japan's earliest literary texts, the ''Kojiki'' (c. 712 CE) and the '' Nihon Shoki'' (720 CE), as the ruler (or one of the rulers) of the heavenly realm Takamagahara and the mythical ancestress of the Imperial House of Japan via her grandson Ninigi. Along with her siblings, the moon deity Tsukuyomi and the impetuous storm god Susanoo, she is considered to be one of the "Three Precious Children" (, ), the three most important offspring of the creator god Izanagi. Amaterasu's chief place of worship, the Grand Shrine of Ise in Ise, Mie Prefecture, is one of Shinto's holiest sites and a major pilgrimage center and tourist spot. As with other Shinto ''kami'', she is also enshrined in a number of Shinto shrines throughout Japan. Name The goddess is referred to as 'Amaterasu Ōmikami' ( ...
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Mikiso Hane
Mikiso “Miki” Hane (January 16, 1922 – December 8, 2003) was a Japanese Americans, Japanese American professor of history at Knox College (Illinois), Knox College, where he taught for over 40 years. He wrote and translated over a dozen books, wrote many articles, and was appointed a member of the National Council on the Humanities in 1991. He was born in California, lived in Japan during his teenage years, and was Internment of Japanese Americans, interned in Arizona during WWII. He taught soldiers Japanese at Yale University, Yale, then studied there, where he attained a bachelors in 1952, a masters in 1953, and doctorate degree in 1957. He studied in Japan and Germany, then taught at the University of Toledo and studied in India before coming to Knox College in 1961. He lived in Galesburg, Illinois, Galesburg for the rest of his life, and both wrote and taught up until his death. Early life and education Hane was born in Hollister, California on January 16, 1922.Mikiso Han ...
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Knox College (Illinois)
, mottoeng = Truth , established = , type = Private liberal arts college , endowment = $170.2 million (2019) , president = C. Andrew McGadney , city = Galesburg, Illinois , country = U.S. , enrollment = 1,200 , faculty = 120 , campus = Small city , athletics_affiliations = NCAA Division IIIMidwest Conference , mascot = Prairie Fire (nickname), Blaze (mascot) , colors = Purple and gold , website = , footnotes = Knox College is a private liberal arts college in Galesburg, Illinois. It was founded in 1837 and offers more than 60 courses of study. History Knox College was founded as Knox Manual Labor College by Presbyterians and Congregationalists from New York state organized by George Washington Gale, who previously had founded the Oneida Institute. Gale in 1836 released a "Circular and Plan" for the founding of manual labor colleges which described a subscriber- and land purchase-based method of funding. His plan resulted in the founding of at least on ...
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Korean War
, date = {{Ubl, 25 June 1950 – 27 July 1953 (''de facto'')({{Age in years, months, weeks and days, month1=6, day1=25, year1=1950, month2=7, day2=27, year2=1953), 25 June 1950 – present (''de jure'')({{Age in years, months, weeks and days, month1=6, day1=25, year1=1950) , place = Korean Peninsula, Yellow Sea, Sea of Japan, Korea Strait, China–North Korea border , territory = Korean Demilitarized Zone established * North Korea gains the city of Kaesong, but loses a net total of {{Convert, 1506, sqmi, km2, abbr=on, order=flip, including the city of Sokcho, to South Korea. , result = Inconclusive , combatant1 = {{Flag, First Republic of Korea, name=South Korea, 1949, size=23px , combatant1a = {{Plainlist , * {{Flagicon, United Nations, size=23px United Nations Command, United Nations{{Refn , name = nbUNforces , group = lower-alpha , On 9 July 1951 troop constituents were: US: 70.4%, ROK: 23.3% other UNC: 6.3%{{Cite ...
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