Japan’s economy is of Capitalistic type of economy. Give reason.
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Japan is the only example of collective capitalism in practical form. It stems from Japan's economic and social restructuring following World War Two. Japan has the world's third-largest economy by purchasing power parity (PPP) and the second largest by market exchange rates.
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Japan is the only example of collective capitalism in practical form. It stems from Japan's economic and social restructuring following World War Two. ... Japan has the world's third-largest economy by purchasing power parity (PPP) and the second largest by market exchange rates.
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