Which of the following had the highest rate of growth during the period 1948-72?
A)West Germany
B)Vietnam
C)Japan
D)The United States of America

Question

Quizplus · Accepted Answer

Japan had the highest rate of growth during the period 1948-72. This was known as the "Japanese post-war economic miracle," where Japan experienced rapid economic growth thanks to government intervention, technological advancements, and a strong work ethic among its people. The country's gross domestic product (GDP) grew at an average rate of 10.9% per year during this period, making it the fastest-growing economy in the world.

Which of the Following Had the Highest Rate of Growth