History of JapanThe first human inhabitants of the Japanese archipelago have been traced to the Paleolithic, around 38-40,000 years ago. The Jōmon period, named after its cord-marked pottery, was followed by the Yayoi period in the first millennium BC when new inventions were introduced from Asia. During this period, the first known written reference to Japan was recorded in the Chinese Book of Han in the first century AD. Around the 3rd century BC, the Yayoi people from the continent immigrated to the Japanese archipelago and introduced iron technology and agricultural civilization.
Law of JapanThe law of Japan refers to the legal system in Japan, which is primarily based on legal codes and statutes, with precedents also playing an important role. Japan has a civil law legal system with six legal codes, which were greatly influenced by Germany, to a lesser extent by France, and also adapted to Japanese circumstances. The Japanese Constitution enacted after World War II is the supreme law in Japan. An independent judiciary has the power to review laws and government acts for constitutionality.
2020 Summer OlympicsThe 2020 Summer Olympics, officially the Games of the XXXII Olympiad and also known as Tokyo 2020, was an international multi-sport event held from 23 July to 8 August 2021 in Tokyo, Japan, with some preliminary events that began on 21 July 2021. Tokyo was selected as the host city during the 125th IOC Session in Buenos Aires, Argentina, on 7 September 2013. Originally scheduled to take place from 24 July to 9 August 2020, the event was postponed to 2021 on 24 March 2020 due to the global COVID-19 pandemic, the first such instance in the history of the Olympic Games (previous games had been cancelled but not rescheduled).
Bank of JapanThe Bank of Japan is the central bank of Japan. The bank is often called Nichigin for short. It has its headquarters in Chūō, Tokyo. Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations, but the New Currency Act of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar.
Japanese asset price bubbleThe Japanese asset price bubble was an economic bubble in Japan from 1986 to 1991 in which real estate and stock market prices were greatly inflated. In early 1992, this price bubble burst and Japan's economy stagnated. The bubble was characterized by rapid acceleration of asset prices and overheated economic activity, as well as an uncontrolled money supply and credit expansion. More specifically, over-confidence and speculation regarding asset and stock prices were closely associated with excessive monetary easing policy at the time.
TokyoTokyo ('toʊkioʊ; 東京, Tōkyō, toːkjoː), officially the Tokyo Metropolis (東京都, Tōkyō-to), is the capital and most populous city of Japan. Formerly known as Edo, its metropolitan area (including neighboring prefectures, ) is the most populous in the world, with an estimated 37.468 million residents ; although this number has been gradually decreasing since then, the prefecture itself has a population of 14.09 million people while the city's central 23 special wards have a population of 9.73 million.