How did the American occupation of Japan after World War II affect the Japanese economy?

Question

Quizplus · Accepted Answer

The American occupation of Japan after World War II contributed to Japan's rapid economic growth and generated economic prosperity. Under the guidance of American advisors, Japan adopted democratic institutions and practices, around the application of free-market principles, and invested in modernizing its industries. This led to a surge in industrial production, especially in electronics, automobiles, and steel. By the 1960s, Japan had become the second-largest economy in the world.

How Did the American Occupation of Japan After World War