1. THE DEVELOPMENT OF JAPANESE CAPITALISM AND THE INFLUENCE OF
... to respond to changes in the economic and social environments, such as labor-saving tools and pollution-cutting devices. Increases in exports due to the stronger price competitiveness of Japanese products also supported the sustained rise in business activity. The Japanese economic miracle is complex and can only be explained by looking to political, cultural, and ... were not employed for long; once the Japanese mastered a particular job or skill a Japanese employee replaced the Westerner. The Bank of Japan was established, fiscal policy reformed, and civic unrest firmly suppressed" (Fe...
- Word Count: 2410
- Approx Pages: 10
- Has Bibliography
- Grade Level: Undergraduate