Not two decades after World War II, Japan was the second-largest economic superpower in the world. What was this era of growth called?
Answer Japanese Economic Miracle
After the war ended, Japan did not rest. The country grew its economy into the second largest in the world in what became known as "the Japanese economic miracle". The economic boom is credited to the country's economic interventionism, the Korean War which increased production in Japan, and U.S. aid to Asia.
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