ii. ... This whole agency was created while Japan was still recovering from World War II. " With inflation rising and productivity failing to keep up, the government sought a better mechanism for reviving the Japanese economy" (Japan 101). ... Rising from the ashes of World War II, Japan achieved an economic growth "miracle" that made it the envy of many other countries. ... When Japan lost World War II, six million Japanese had to return home from the colonies Japan lost. ... Americans started to help Japan out by not making them pay reparations for war damages and opened Japanese trade to o...

• Word Count: 1210
• Approx Pages: 5
• Grade Level: High School

The 21st Century Economy in the United States can be characterized as a very prosperous economy. The article "The 21st Century Economy." In Business Week describes how the 90's are no fluke. This decade has turned out to be a decade of unexpected prosperity. When the United States came out of W...

• Word Count: 321
• Approx Pages: 1

In the book "Labor Control and the Postwar Growth Model in Latin America," Ian Roxborough argues that the economic model known as import substitution industrialization (ISI) was employed amongst the Latin American countries after World War II as a compromise to meet the ever growing social and political demands within those countries. ... Many elites, having a desire to maintain their land and power, not lost in the war, did not support the rise of the radical labor unions and therefore, kept the national economy from taking the radical socialist path as had happened in some countries in Asia ...

• Word Count: 571
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

Christine Lagarde, the finance minister of France, is set to begin her five-year term as the International Monetary Fund's managing director and chairman next month after defeating Mexican Central Bank chief Agustin Carstens. Lagarde was backed by the United Kingdom, Germany, and most European powe...

• Word Count: 519
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

THE LIMITS OF GLOBALIZATION Nowadays one of the most commonly used terms is globalization. But what does globalization mean? Does it mean dissappearing borders, a common trade unit, no tax in trade abroad, political awareness across the world, or, in extremes, even interfering with other countrie...

• Word Count: 629
• Approx Pages: 3
• Grade Level: Undergraduate

The First World War and Great Depression were hard on primary product exports, and, like many other Latin American countries, Argentina responded with import substitution industrialization. ... In addition to the effects of import substitution policies, the post-World War II Argentine economy further struggled because of military rule and internal conflict. ...

• Word Count: 728
• Approx Pages: 3
• Grade Level: Undergraduate

Today we live in America which is known as the land of opportunity. This is the reason why millions of people seek refuge here in the United States. Each person and each family, in this great nation, has the same opportunity to succeed. Material wealth seems to be the one driving force behind the...

• Word Count: 1052
• Approx Pages: 4
• Grade Level: High School

GDP and Well-being Gross domestic product (GDP) is the total value of all goods and services produced in the economy during a specified period of time, such as a year or quarter. Improvements in the economic well-being of individuals in any society cannot occur without such an increase in real GD...

• Word Count: 943
• Approx Pages: 4
• Has Bibliography