Japanese Titans Of The 20th Century
Japan may have been the first Asian country to modernize in the 19th century, but products produced by this newly-opened nation back then were still subclass as compared to those produced elsewhere in the world. Unlike the Japan we know of today, Japan 100 years ago was only specialized in silk, textile and cotton production. A likely reason for this was the absence of competition due to the market regulation favoring state-owned businesses. As the 2nd World War erupted, factories throughout Japan were destroyed by the victorious Allied forces. With the defeat and surrender of this proud nation after the dropping of the atomic bomb, the Japanese nation had to once again rebuild. One valuable advantage the Japanese had was the aid given to them by the American nation in hopes that Japan would never enter into war again. This valuable American support came in the form of economic and humanitarian reforms. Still, as Japan was to take a new direction apart from it's past practices, it......
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