how japan makes itself as developed country
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- Japan is an industrialized free market economy and has the second most technologically powerful country in the world following the United States. Japan also has the third largest economy after the US and China. ... However, Japan has very few natural resources so it needs to purchase raw materials from foreign economies.
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Explanation:
Since the Meiji Restoration in 1868, Japan embarked on a sustained push to become as technologically advanced as any European power, and developed their own flavor of state-subsidized industrial capitalism that worked tremendously well. Hitachi was founded in 1910 to make electric motors
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