Despite the country’s small size, Japan has depicted quite contrasting economies before and after the Second World War. Up to the moment, the country has had three distinct political and economic periods; the Edo which began in 1603 and went on up to 1868, the Meiji Restoration and the final period which began after the Japan’s defeat in the Second World War in 1945 and runs up to now. Each of the three economic periods was characterized by unique factors which necessitated the government to initiate remedies so as to avoid plunging the country into an economic ...
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