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The Japanese Economy
Beginning of Essay
The prewar economy of Japan was a Socialist economy and the country was
ruled by an emperor up to WW2 and after WW2 it started to lean towards a mixed
market economy until what it is today although its government is Socialist it is
leaning towards a mixed market e .... Middle of Essay .... of their
products and is how they get a trade surplus year after year.
Manufacturing is the most important economic activity in Japan it
accounts for about 28% of it¹s GDP. The Japanese people import more than half
of the products that they manufacture from other countries in their crudest form
and manufacture them into transportation equipment, iron, steel, chemicals,
petroleum and coal products and textiles. Most of these products are produced by
large corporations with many employees and the happier the employees are the
more it will be done.
An aspect of a market economy that Japan has is the way the companies
treat their workers. The way ....
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Words: 689 - Pages: 3
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