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Japan Assignment Reasons For Strong Japanese Economy, What Problems Japan Must Overcome For Industial Growth To Be Achieved And What Problems Has Industrial Growth Caused.

1061 words - 4 pages

1) Why does Japan have a strong economy?From around the middle of the 1970's, Japan began to develop extra trades as exports exceeded imports. Japan is split up into 4 islands- Kyushu, Shikoku, Honshu and Hokkaido. Most of the trade occurs in the island of Honshu, Kobe is in this island. Kobe is one of Japan's biggest steel makers and handles more than 12% of Japan's exports. Japan spends around $2900 on imports from a variety of different countries, for example they would import cars like the BMW and Volkswagen from Germany. Japan gain around $2700 from exported goods, these include playstations and mobiles.Japanese manufacturers of such products as electrical equipment and cars are moving production facilities overseas, moreover, to make up for the costs of the stronger yen--which is a result of Japan's large trade leftover to begin with. In April 1996 to March 1997 investment in overseas factories topped ¥ 5.4 trillion ($45 billion). 99.7% of Japan's oil comes from oversea. The big companies in Japan such as Sony and Panasonic import goods to over 200 different countries across the globe, Japan make a lot of money through this. In 1992 Japan:-Produced more cars than any other country in the world-Produced 15% of the world's steel-Launched more ships than anyone else-Produced more televisions and radios than the whole of Europe-Produced more watches than Switzerland-Produced more high quality cameras than Germany-Made significant advances in computer technology and is a world force in the aircraft and space industries.One of the main reasons Japan has a strong economy is because the majority it's population are very well educated and trained. Japan is one of the best educated country in the world, a clear source of evidence is their amazing hi-Tec. In Japan there are many jobs available and people get paid very well. Even though only 25% of Japan is flat land they have a huge population (124,900,000 in 1993).Japan is a fast growing country, through the development of new technology; Japan has strengthened its economy. Japan is very well known for its excellent technology resources. Some the most hi-Tec gadgets such as mobiles and playstations come from Japan. Everyone wants to buy the latest accessories, so Japan makes a lot of money.Japan has many companies, some larger than others. It's like a pyramid with the big companies at the top and the small companies at the bottom. Even though the big companies like Sony earn more money than the smaller companies, the small companies still play a major role in supporting the big companies. Companies in Japan have excellent relationships, the staff and the management gets on very well; they find it very easy to communicate with each other. A lot of research is made by companies to ensure a bright future; they also have to develop new goods to make money.2) What problems have Japan to overcome to allow its industries to grow?Despite Japan's strong economy they have had to overcome many problems, one...

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