The Japanese economic miracle refers to a period of economic growth in post–World War II Japan. It generally refers to the period from 1955, around which time the per capita gross national income of t
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.
Consumer electronics shops in Tokyo in 1971: consumer electronics and cars became symbols of the Japanese middle class
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.
Tokyo Tower and around Skyscrapers
The post–World War II economic expansion, also known as the postwar economic boom or the Golden Age of Capitalism was a broad period of worldwide economic expansion beginning with the aftermath of Wor
In the United States and several other nations, the post–World War II boom led to major suburban development and urban sprawl, aided by increasing automobile ownership and cheap oil, as shown in this suburban development in Colorado Springs, Colorado in March 2008.
Allied war bonds matured during these years, transferring cash from governments to private households.
Many Western governments funded large infrastructure projects during this period. Here the redevelopment of Norrmalm and the Stockholm Metro, Sweden.
Poster for the Marshall Plan