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RE: LeoThread 2025-06-24 04:27

in LeoFinance4 months ago

Part 5/11:

During this period, Japan adopted a strategy of industrialization through investment and export, which led to its post-war economic miracle. Prime Minister Hayato Ikeda notably set a goal to double national income in ten years—a target achieved in just seven. From 1950 to 1973, Japan experienced economic growth averaging around 10% annually, fueled by increased education and an educated workforce.

The 1973 Oil Crisis and Its Aftermath