Japan's Bubble Economy

Japan's Bubble Economy during the late 1980s was characterized by rapid asset prices rise, driven by speculation and easy credit. Land and stock prices soared as investors expected continuous growth. This inflated economy was fueled by aggressive monetary policies and optimistic business outlooks. However, by the early 1990s, these prices collapsed, leading to a prolonged economic stagnation known as the "Lost Decade." The crash revealed the risks of excessive speculation and asset bubbles, prompting Japan to implement reforms and adopt more cautious financial practices to restore stability.