High Quality Content by WIKIPEDIA articles! In the postwar decades, Japanese consumers have benefited from the nation's economic growth, while in turn they have stimulated the economy through demand for sophisticated products, loyalty to domestically produced goods, and saving and pooling investment funds. But personal disposable income has not risen as fast as the economy as a whole in many years—at 1 percentage point less than average GNP growth in the late 1980s. The dramatic rise in the standard of living during the post-war period was also marked by a narrowing of differentials between blue-collar and white-collar workers. The wage gap between the two groups was considerably reduced, bonuses were established and raised for blue-collar workers, welfare facilities were made available to all employees, and the permanent employment guarantee was made available to regular blue-collar workers. Three signs of affluence in the post-war period were the "three sacred treasures,” a...

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