accelerated social and economic growth which was pioneered by Japan. The Japanese economy was considered number one and its economic model was hailed as an example for other developing countries to follow. This essay will describe and analyze the economic changes Japan has gone through in the last century. According to Jorgenson (2005), Japan’s modern economic history has its roots in the founding of the Meji government in the 1860s which emphasized the westernization of the previously closed-off country
1812, British invaders burnt the city down leaving it in ruins and in desperate need of revitalization. A few years later, the matter of determining a terminus for the Erie Canal came up and in search of an encouraging component to the city’s reconstruction, Buffalo sought to become the canal’s western end point. However, the city did not have a navigable port for lake Erie ships and canal boats. Samuel Wilkeson, the mayor of Buffalo at the time, devised a tactic to build a navigable harbor in Buffalo