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. 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.
The foundations of the aviation industry survived the war.
Japanese-made TV sets during the economic boom
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.
The low-cost Nissan Sunny became a symbol of the Japanese middle class in the 1960s.
Japan has the highest proportion of elderly citizens of any country in the world. 2014 estimates showed that about 38% of the Japanese population was above the age of 60, and 25.9% was above the age of 65, a figure that increased to 29.1% by 2022. By 2050, an estimated one-third of the population in Japan is expected to be 65 and older.
An abandoned home in Yubari district, Hokkaido, an area which has seen population decline