1. JAPAN'S ECONOMIC DEVELOPMENT
... to the western countries that have already industrialized. It was through private investment and enterprise that Japan began this process. The backbone of industrialization was the zaibatsu. Zaibatsu were industrial and financial conglomerates. They were given government support including benefits from government subsidies and sell-off of government factories. The first of these zaibatsu were Mitsui, Mitsubishi, Sumitomo, and Yasuda. Growth of ... power now new industries began to develop (including aircraft and radio and electrical appliances). But the most important change I feel is "la...
- Word Count: 2803
- Approx Pages: 11
- Grade Level: High School