JAPAN'S ECONOMIC SYSTEM, II
By RON TATUM
General Characteristics of Agricultural, Industrial, and Information Age Economic Systems Re: Barter and/or Money Economies
-
Agricultural Age Economic Systems (Barter vs. Money):
During this age Japan was a barter society and money didn't have much value. The Japanese people traded goods that were valuable to crop producing or goods that helped the livestock become more valuable, or personally valuable goods. They also bartered for personal entertainment goods painting, pottery, calligraphy, etc....
-
Industrial Age Economic Systems (Barter vs. Money):
This age saw the rise of money, take the place of bartering for goods. After World War II the Japanese people were faced with total devastation. They had to rebuild their country from scratch so trading goods would not have move them in the right direction quickly enough. Thus they had to become a goods producing nation to gain finacial security, now they weren't satisfied with painting and etc... as forms of payment they had westernized and they wanted some form of currency.
-
Information Age Economic Systems (Barter vs. Money):
In this age Japan is still a money based society. The yen is now one of the world's strongest currencies and Japan has become a leading producing nation. The dedication and hard work of the Japanese people made this success possible, and by doing so they have set an example for all nations to follow.
Information/Data on Japan's Economic System (Whether Barter and/or Money Economy)
In a short amount of time Japan went from a war torn nation to a country that has grown into a leading economic power. Most of this was done because of the mass programs of education, economic growth, etc... the government enacted after World War II.
Conclusions on Japan (Whether Primarily Agricultural, Industrial, or Information Age Re: Being a Barter and/or Money Economy)
Japan is primarly a money based society. They are completely in the infromation age in almost every catagory. The Japanese are a proud hard working people that are willing to sacrifice personal success for team success. Tokyo, Japan's capital is the most expensive city in the world to live in, but millions of Japanese live in this city in small apartment, which they pay extremely too much for, for team, company, and national succeses. (Barter vs. Money Economy)
Additional Online Sources on Japan's Economic System (Barter and/or Money Economy)
Traditional Bibliographic Sources on Japan's Economic System (Barter and/or Money Economy)
- Baker, Donald (1993), Japan's Economic Power: Routledger & Kegan
- Van Dyke, Vernon (1994), Japanese Human Rights and Ethnicity: McGraw Hill Publishing
- Barclay, William (1990), Japan The Land Of The Rising Sun: Penguin Group Publishing
Return to Japan Home Page