Thursday 23 January 2020

Japan - The Fading Economy



This is an interesting Youtube video about the history of Japan. It starts off talking about much of Japan being in ruins after the world war. Japan later had one of the greatest economic growths in history.

Japan became the first of the modern Asian countries to experience massive sustained economic growth. Japan had a lot going for it after the end of the war, it was able to rebuild eventually. In the 1960’s, Japan was growing at a rate of 10% a year. For a national economy, this was unheard of at the time.

The economy of Japan is a highly developed free-market economy. It is currently the third-largest in the world by nominal GDP. Japan is a member of the G7.

1 comment:

  1. Interesting English - Japanese Translations
    面白い英語-日本語翻訳

    Japan - 日本
    Economy - 経済
    History - 歴史
    Growth - 成長
    Time - 時間
    Market - 市場
    Money - お金
    World - 世界
    Debt - 債務
    Asset - 資産

    Japan factory activity shrinks for 9th month
    日本工場の活動は9か月間縮小

    Japan exports shrink for 13th month in further blow to economy
    日本への輸出は13ヶ月間縮小し、経済へのさらなる打撃

    A 2020 Japanese Economy Recovery Continues Despite Uncertainties
    不確実性にもかかわらず2020年の日本経済の回復が続く

    Japan's output and retail sales fall
    日本の生産高と小売売上高の減少

    Coronavirus Outbreak Sours Japan on Chinese Tourist Boom
    コロナウイルスの大流行が中国の観光ブームで日本を苦しめる

    Bank of Japan leaves rates unchanged, raises growth forecasts
    日本銀行は金利を据え置き、成長予測を引き上げる

    Japan finance minister sees economy in moderate recovery
    日本財務相は景気が緩やかに回復していると見ている

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