JAPAN'S ECONOMIC SYSTEM

By Suzanne Tatikian

General Characteristics of Agricultural, Industrial, and Information Age Economic Systems

Agricultural Age Economic Systems:

Feudal economic systems and earlier ancient empire economic systems based on slavery.
Industrial Age Economic Systems:

Rise of capitalist economic systems and then socialist economic systems (as a critique of capitalism).
Information Age Economic Systems:

Both capitalist and socialist economic systems are being greatly restructured as they become part of a global economy; no prue systems, hybrids instead, though also privatization trends world wide--including in former socialist countries.

Information/Data on Japan's Economic System

Japan's spectacular economic growth-the greatest of any nation since the 1940s-has brought the country to the forefront of the world economy. It is one of the world's principal shipbuilders and is a major producer and exporter of manufactured goods, including automobiles, electrical products, chemicals, and steel. An important feature of the burgeoning economy is the prevalence of large, quasi-monopolistic industrial companies.

Conclusions on Japan (Whether Primarily Agricultural, Industrial, or Information Age Re: Its Economic System)

In conclusion Japan is in both the industrial and information ages. However, they are leaning towards the information age, as they are one of the most developed countries in the world, with one of the highest standards of living.

Additional Online Sources on Japan's Economic System

Source 1 [[Name it & make a hotlink to it]]
Source 2 [[Name it & make a hotlink to it]]
Source 3 [[Name it & make a hotlink to it]]

Traditional Bibliographic Sources on Canada's Economic System

Oppinheim,Phillip,. "JAPAN WITHOUT BLINDERS" Kodansha International, New York,1992.
Prestowitz, Clyde Jr., "TRADING PLACES: HOW WE ALLOWED JAPAN TO TAKE THE LEAD" Basic Books Inc. Publishers Ny, 1988.

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