Japan and other tigers - The rise of Japan as an industrial economy
3 important questions on Japan and other tigers - The rise of Japan as an industrial economy
When was Japan already and industrial country?
around 1945
By which two factors was the development in Japan caused?
a strict dictatorial government: low wages, lots of investment (via taxes), no foreign companies, export
Group culture, people work hard for their company
Group culture, people work hard for their company
Find one similarity and one difference between the rise of industry in China and Japan
similarity: group culture, hard work, economy oriented to exports to the US and Europe, both have dictational government
Difference: China-change communism to free market economy, foreign investments welcome
Japan-not communist; market economy but not free: no foreign companies, the government runs the export companies
Difference: China-change communism to free market economy, foreign investments welcome
Japan-not communist; market economy but not free: no foreign companies, the government runs the export companies
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