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Japan has become most successful since world war two because of four main things : Large amounts of investment e.g. putting a lot of money in. Using the latest technology. Adopting mass production methods e.g. easy ways of producing lots of the same goods. Team work and a good work ethic including high levels of skills and hard work.
Wiki User
∙ 16y ago
Wiki User
∙ 15y agoOne factor is the the application of policies for the corporate group in a wider context--stock stabilization policy--stocks are not owned by the public but by corporate business partners. Baum's "Japan: economic success and legal system".
Wiki User
∙ 12y agoWell in world war two japan was fighting America and they decided to put two nuclear bombs on japan and it destroyed two cities and when they rebuilt it they had advanced tech there and the Japanese are best at technology so this was how they got a boost in technology
Wiki User
∙ 14y agoWiki User
∙ 14y agoThe fact they are willing to take Japan abroad rather than take "shortcut" by simply making their economy a local cheap manufacture / service hub point. China's a economic leader today- no doubt- but it was fueled by purchase orders from North America & Europe still (though there is nothing "wrong" or "rite" in that), but Japan achieved industrialization largely independent of any external force.
What sets Japanese psyche apart from many others is that say- if the topic discussed is "trade w/ America" (even in Meiji era before WWII) u won't find Japanese economic planners scrambling to say- open up 100000001 Dell Computer Centers, but Japan would use the US experience as a "model" and then build on its own.
Wiki User
∙ 10y ago1.the adoption of eastern economic philosophy that emphasized supply and demand economy
2. the concentration on the production of high-quality agricultural products
3. efficient, modern factories, adapted to the latest technology, and high-quality exports
4. a trade agreement with china, the worlds largest exporter of goods
Wiki User
∙ 13y agoby their willing less of the citizens to put in hard work
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Causes pf economic growth in Japan after World War 2?
as the world's fiercest economic competitors. Today, Japan's economy is larger than the Soviet Union's and second only to that of the U.S. What's more, Japan's biggest success has come in head-to-head trade with the U.S. Over the past 10 years, Japan has sold nearly $250 billion more to the U.S. than it has bought in return.
Which factor helps to explain the growth of economic productivity in Japan since World War 2?
High levels of education and application of new technology
Forecasts of economic growth have consistently?
over estimated econimic growth from 1996 to 1999
Bad effects of industrialization?
The positive economic and social results of industrial growth have been accomopained by serious environmemtal degradation.
What were the causes of the European economic cooperation after 1945?
The causes of the European economic cooperation was the "near" destruction of Europe during WWII. Europe had to be "rebuilt", just as large parts of Asia, and Japan had to be rebuilt. A rebuilding PROCESS takes cooperation from those countries involved.
What phrase was coined in relations to Japan's spectacular economic growth?
Japan's economical growth was a spectacular growth after the Meiji Restoration.
What phrase was coined in relation to Japan's spectacular economic growth?
Japan's economical growth was a spectacular growth after the Meiji Restoration.
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
Did japan experience outstanding economic growth in the 1970s through the 1980s?
Yes
Why are free markets economies able to attain economic growth?
competition encourages innovation, which causes growth.
Do countries that have rapid economic growth consume more meat?
There is no solid evidence of economic growth associated with eating meat. As an example, Japan was never a "meat eating" style of living, yet Japan grew economically very rapidly.
In both the US and Japan major effects of industrialization?
Increased urbanization and rapid economic growth.
What were the 2 causes of increased manufacturing workers in the U.S.?
Economic growth and Industrial Revolution
Causes pf economic growth in Japan after World War 2?
as the world's fiercest economic competitors. Today, Japan's economy is larger than the Soviet Union's and second only to that of the U.S. What's more, Japan's biggest success has come in head-to-head trade with the U.S. Over the past 10 years, Japan has sold nearly $250 billion more to the U.S. than it has bought in return.
In both the US and Japan major effects of industrialization included?
Increased urbanization and rapid economic growth.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
What is meant by the term 'economic stagnation'?
The term 'economic stagnation' means a period of slow economic growth. Depending on the definition of the term, this means growth less than around 2% per year or significantly less than the growth predicted by experts. Causes can be poor economic policy, catastrophes and demographic developments.
