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JAPAN'S ECONOMIC DEVELOPMENT

Japan was under great change. Meiji Japan began to industrialize. This was due 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 industrialization began slowly. In the beginning they still depended largely on United States and Europe for most specialized and worldly machinery and manufactured goods. It was not till the 1915 that industrialization began to take off for Japan. Why did this happen? The explanation is that the World War I began. .
             During World War I Japan was cut off from most European manufacturer goods. This was the needed opportunity for Japanese manufacturers. Now they were able to broaden what they manufactured and move into the markets that they normally imported from Europe. The demand for these manufactured goods ended up resulting in a net domestic product growth by 61.5 percent between 1910 to 1920. .
             By the 1920's the wartime boom was over and Japan's economy went into a recession. Yet the 20's were important to economic development. During this period economic development began to shift into a different role. Important changes in industry began to take place. One was a more efficient source of electric power. This was called the hydroelectric plant. Hydroelectric plants took better advantage of Japanese geography then their pervious source of electricity. It also developed relatively cheap electrical power. With cheaper power now new industries began to develop (including aircraft and radio and electrical appliances). But the most important change I feel is "laboratories that government, universities and private companies set up in the 1920's they were the basis of Japan's development expertise in computers and information technology.


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2. Thailand and Japan

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3. Enterprises and Corporate Social Responsibilities

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4. tokugawa empire

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... new and sharper edge to their international competitiveness. The agreement also set a path for widening Canada's trade horizons, while also giving them a bigger stage on which to demonstrate their economic expertise and leadership. A major advantage for Canada was the reduction of Mexican barriers, which provided new markets and opportunities for Canadian goods and services. Canadian firms have now been ... The NAFTA deal included provisions for this type of trade and created procedures aimed at encouraging the recognition of licenses and certificates through the development of mutually ...

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6. Eamon de Valera and the league of Nations

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8. Fordism

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