why is japan has developed in industrial sector
Answers
Answer:
Historically, there have been three main elements in Japanese industrial development. The first was the development of a highly competitive manufacturing sector. ... It must export to pay for its imports, and manufacturing and the sales of its services, such as banking and finance, were its principal means of doing so.
Answer:
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The industrial policy of Japan was a complicated system devised by the Japanese government after World War II and especially in the 1950s and 1960s. The goal was to promote industrial development by co-operating closely with private firms. The objective of industrial policy was to shift resources to specific industries in order to gain international competitive advantage for Japan. The policies and methods were used primarily to increase the productivity of inputs and to influence, directly or indirectly, industrial investment.
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