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In which year did Japan rank second in the world economy?
Japan has become the second largest economy in the world, surpassing the GDP of West Germany to become the second largest economy in the world 1968.

1. during the first world war, the military supplies on the battlefield in Europe increased sharply, and the Japanese economy benefited a lot from it, and the heavy industry improved its economic status.

At the same time, Japan and the United States have also been transformed into creditor countries. However, after the end of World War I, the military supplies in Europe suddenly cooled down, which caused the Japanese economy, which relied on foreign markets, to fall into a trough.

3. 1923 Great Kanto Earthquake also led to poor bank credit. Showa financial panic occurred on 1927. 1930, Japan's economy deteriorated due to a series of influences such as the lifting of the gold export ban and the world panic.

In World War II, Japan's industry suffered a devastating blow, and Japan suffered serious inflation. However, in the Korean War, Japan's heavy industry recovered under the impetus of military supplies.

5. SHEN WOO boom started from 1955, followed by Iwate boom and Enoch boom, and Japanese economy grew rapidly driven by manufacturing industry.

Extended data

Low growth era

1 and 1973, the first oil crisis broke out in the world, and the Japanese economy fell into chaos. 1974 The economic growth rate dropped sharply, and the high economic growth since the war came to an end. The main export products have changed from steel to cars.

2. After1970, Japan maintained a huge trade surplus for a long time, while the United States maintained a long-term trade deficit. After that, according to the Plaza Agreement signed by 1985, the yen had to appreciate, leading to economic depression.

3. After1980, because of the relaxed financial environment, the prosperity continued to be strong, and the stock price and land price rose sharply, which is a bubble economy.

industry

1. Because the tertiary industry in Japan's domestic market is relatively developed and the processing trade is booming, the manufacturing industry is also relatively strong. In particular, industrial technology is at a high level in the world, and it is a model and a threat to other developed and developing countries in many fields.

In particular, the automobile, electronics, shipbuilding, steel and other industries have made great progress after World War II, with the vast majority of world enterprises.

2. The dependence of technology trade on technology has a long-term trend from excessive import to excessive export. The added value of automation equipment such as industrial robots is very high, and the achievements of independent technology development can be seen everywhere.

For example, industrial robots produced in Japan account for about 70% of the world, and about 60% of industrial robots used in the world run in Japan.

Almost all industries in Japan are mechanized, which can be said to be very efficient industries. In addition, the concept of home robot was also put forward by Japan.

Baidu Encyclopedia-Japanese Economy