The "Japanese Miracle"

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The "Japanese Miracle" refers to Japan's rapid economic growth and development following the Meiji restoration period in the late 19th and early 20th centuries. This period saw significant policy reforms and modernization efforts that established Japan as a major economic power in the world. The creation of the Tokyo Stock Exchange in 1948 was a significant event in Japan's economic development, but it was not the root cause of the "Japanese Miracle". The fact that Hokkaido was not damaged by atomic blasts is not relevant to the "Japanese Miracle". The establishment of a socialist economy is contrary to the capitalist system that drove Japan's economic growth. Lastly, while Japan has made progress in tackling discrimination, it has not abolished all social and gender discrimination.