Seven Eleven Japan

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Written by:

Clarence A


Date added:

January 18, 2015








No of pages / words:

8 / 1984


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5867 times


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Japan in 1973 From the 1960s to the 1980s, overall economic growth in Japan had been called a "miracle": a 10% average in the 1960s, a 5% average in the 1970s and a 4% average in the 1980s. But even though the Japanese economy was blooming in the beginning of the seventies Japan, as some Western counties, suffered from serious oil crisis in 1973...
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The crisis was a major factor in Japan's economy shifting away from oil-intensive industries and resulted in huge Japanese investments in industries like electronics. Japan fared particularly well in the aftermath of the crisis compared to other oil-importing developed nations. Japanese automakers led the way in an ensuing revolution in car manufacturing...
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