1. How has Japan's industrial strategy evolved over time
... of their decisions to give or refuse loans to industry. The government made loans to city banks which in turn distributed the money to clamouring industrialists. This is how the Japanese industrial system took on one of its most distinctive characteristics- the pattern where a group borrows from a bank well beyond the capacity of the individual companies ... (television, washing machine and refrigerator) of the early 60's and the three C's (car, cooler and colour TV) of the late 60's. In addition to these measures we can include a work force made docile by enterprise unionism (one union ...
- Word Count: 2570
- Approx Pages: 10
- Grade Level: Undergraduate