USA HISTORY

Detailed explanation-1: -With a peace treaty signed in 1951, Japan regains its independence. The late 1950s to the early 1970s is called the “High Growth Age” in Japan because of the booming economy. Highlights of the era are the Tokyo Olympic Games in 1964 and Expo ‘70 in Osaka. In 1972 relations with China are normalized.

Detailed explanation-2: -The American government believed that establishing democracy in Japan involved change in all areas of Japanese life. Under MacArthur and with the cooperation of the Japanese, Japan undertook tremendous changes in just seven short years-the Occupation lasted from 1945 to 1952.

Detailed explanation-3: -High increasing stage (1954–1972) After gaining support from the United States and achieving domestic economic reform, Japan’s economy was able to soar from the 1950s to the 1970s. Furthermore, Japan also completed its process toward industrialization and became the first developed nation in East Asia.

Detailed explanation-4: -The key to recovery was the boom in exports of cars, electronics, and other products, which grew far more rapidly than imports. By 1977 Japan’s burgeoning trade surplus had become a global issue.