Concept
Japanese economic miracle
Related concepts (16)
Japan
Japan (日本, ɲihoɴ, Nippon or Nihon, and formally 日本国, Nihonkoku) is an island country in East Asia. It is situated in the northwest Pacific Ocean and is bordered on the west by the Sea of Japan, extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans an archipelago of 14,125 islands, with the five main islands being Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa.
Economic growth
Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of increase in the real and nominal gross domestic product (GDP). Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the prices of goods produced. Measurement of economic growth uses national income accounting.
Tokyo
Tokyo ('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.
Osaka
is a designated city in the Kansai region of Honshu in Japan, and one of the three major cities of Japan (Tokyo-Osaka-Nagoya). It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following the special wards of Tokyo and Yokohama. With a population of 2.7 million in the 2020 census, it is also the largest component of the Keihanshin Metropolitan Area, which is the second-largest metropolitan area in Japan and the 10th largest urban area in the world with more than 19 million inhabitants.
Hiroshima
Hiroshima is the capital of the Hiroshima Prefecture in Japan. , the city had an estimated population of 1,199,391. The gross domestic product (GDP) in Greater Hiroshima, Hiroshima Urban Employment Area, was US$61.3 billion as of 2010. Kazumi Matsui has been the city's mayor since April 2011. Hiroshima was founded in 1589 as a castle town on the Ōta River delta. Following the Meiji Restoration in 1868, Hiroshima rapidly transformed into a major urban center and industrial hub. In 1889, Hiroshima officially gained city status.
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America and consisting of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations.