Changes

Jump to navigation Jump to search
85 bytes added ,  13:29, December 7, 2020
adding!
Line 217: Line 217:     
=== Economic History ===
 
=== Economic History ===
−
In 1960, with a GDP with over $40 billion<ref>https://en.wikipedia.org/wiki/List_of_countries_by_largest_historical_GDP</ref>, Japan was the ninth-largest economy, below the United States, the Soviet Union, Germany, France, the United Kingdom, Italy, China, and Canada. Japan boomed to $90 trillion in 1965, getting to sixth. The booming economy of Japan was doubling in less than five years, and got to fourth place with $200 billion in 1970. It went to $512.5 billion in 1975, becoming the third-largest economy. In 1980, Japan again more than doubled, with a $1.1 trillion GDP. Experts predicted another more-than-double in 1985. That wasn't the case. Instead, Japan went to $1.4 trillion in 1985, slowing down a little bit. In 1990, Japan had a $3.15 trillion GDP, more-than-doubling again, and now overtaking the Soviet Union's economy, and thus getting to 2nd. In 1995, Japan exploded to 5.5 trillion dollars, and experts thought Japan would overtake the US.<ref>https://www.chicagotribune.com/news/ct-xpm-1995-04-10-9504100029-story.html</ref> But Japan slowed down in 2000, going down to $4.9 trillion, but keeping second place. In 2005, Japan went down further to $4.75 trillion, still being second. But, in 2010, Japan was a $6 trillion dollar economy, tying with China. In 2015, Japan was down to 3rd, with $4.4 trillion. Japan is now a very risky investment, barely getting to $5 trillion in 2020.
+
In 1960, with a GDP with over $40 billion,<ref>https://en.wikipedia.org/wiki/List_of_countries_by_largest_historical_GDP</ref> Japan was the ninth-largest economy, below the United States, the Soviet Union, Germany, France, the United Kingdom, Italy, China, and Canada. Because of economic reforms and economic freedom set out by the Japanese government, Japan boomed to $90 trillion in 1965, getting to sixth. The booming economy of Japan was doubling in less than five years, and got to fourth place with $200 billion in 1970. It went to $512.5 billion in 1975, becoming the third-largest economy. In 1980, Japan again more than doubled, with a $1.1 trillion GDP. Experts predicted another more-than-double in 1985. That wasn't the case. Instead, Japan went to $1.4 trillion in 1985, slowing down a little bit. In 1990, Japan had a $3.15 trillion GDP, more-than-doubling again, and now overtaking the Soviet Union's economy, and thus getting to 2nd. In 1995, Japan exploded to 5.5 trillion dollars, and experts thought Japan would overtake the US.<ref>https://www.chicagotribune.com/news/ct-xpm-1995-04-10-9504100029-story.html</ref> But Japan slowed down in 2000, going down to $4.9 trillion, but keeping second place. In 2005, Japan went down further to $4.75 trillion, still being second. But, in 2010, Japan was a $6 trillion dollar economy, tying with China. In 2015, Japan was down to 3rd, with $4.4 trillion. Japan is now a very risky investment, barely getting to $5 trillion in 2020.
    
===Agriculture, Energy, and Minerals===
 
===Agriculture, Energy, and Minerals===
SkipCaptcha
1,650

edits

Navigation menu