Japan
Japan is one of the world's leading economic powers when concentrating on its Gross Domestic Product of four point two trillion United States dollars. Its economy is only second to the United States in terms of production. However, Japan has not always contained a relatively strong economy. The Japanese's economic strategies have boosted economy to new heights since its fall during the Second World War because of their unorthodox manner of business etiquette, innovative strategy, and strong relations with stable economies such as Canada and the United States. The rise to the top did not occur without a large struggle as many problems did occur after the Second World War left Japan economically devastated. Japan's journey has left them at the present with recession conditions. Following World War Two, Japan's economy was absolutely devastated. From 1937 to its defeat in 1945 Japan poured all of its strength into the war. The industrial sector was diverted into a swollen military production sector. The strongest and swiftest workers were placed in the military, and quite often sent to die on the front lines of the war. The citizens who stayed in Japan often worked in military factories, and faced the constant threat of air raids. . . .
Still this just goes to show the different ideals of Japan. The Japanese have a very different method of thought from everyone else in the world. Japan has stayed on the leading edge of the world riding a wave of technology, which will definitely carry it into the next millennium. Each company produces a set of various products. Canada's exports to Japan include lumber, wheat, corn, and products that are land intensive. He stated that there should be no government intervention in the economy. The construction industry soon followed suit. The whole society is based on being the best at what ever it may be. This truthfully explains the Japanese and East Asian mentality. The decreasing amount of household consumption in the 90's reflected the weak state of the economy. This is where the Japanese are different from the rest of the world. Japan was not able to absorb the fiscal tightening due to the economic crisis in some Asian countries and because of the failure of major financial institutions. The increase in electrical power produced by the Sakuma dam, as well as increased technologies in the area of shipbuilding; automobiles, electrical machinery, sewing machines and cameras helped put Japan on a path to being more competitive. Investments by construction and real estate firms continued to decrease, dragging down the economy. There is very little if any competition among Japanese companies when it comes to the foreign market.
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