Some of the structural features for Japan's economic growth developed in the Edo period, such as the network of transport routes, by road and water, and the futures contracts, banking and insurance of the Osaka rice brokers.[98] During the Meiji period from 1868, Japan expanded economically with the embrace of the market economy.[99] Many of today's enterprises were founded at the time, and Japan emerged as the most developed nation in Asia.[100] The period of overall real economic growth from the 1960s to the 1980s has been called the Japanese post-war economic miracle: it averaged 7.5 percent in the 1960s and 1970s, and 3.2 percent in the 1980s and early 1990s.[101]