Country Analysis - Japan

5097 Words21 Pages
Country Analysis Japan Table of Contents Subject Page History 3 Physical Environment 4 Economic Environment 5 Social Structure 8 Living Conditions 13 Demographics 16 Religion 17 Arts 20 Movies 21 Language 22 Core Values 23 References 25 History Japan gained independence in 660 BC. The national holiday is December 23 (1933), which is the birthday of Emperor Akihito. The most recent event that changed Japan’s political, legal, and lifestyle trends, was World War II. After WWII U.S. occupation forces helped shape a new legal system in Japan. Allied powers occupied Japan from the end…show more content…
Cutting costs and increasing efficiency was a major reason for Japan’s major export industries to stay competitive. The automobile industry was able to position itself globally by manufacturing economical vehicles. In 1979, Japan shifted its focus to the technological fields as they drifted away from the industrial industries. Their focus was on developing computers, semiconductors, and technology industries. The Bubble Economy The bobble economy refers to the time period of 1980 to 1993. During this time frame Japan saw the Yen rise to three times its value and corporate land rise to 180% of its value. As a result the Japanese government regulated the monetary policies system and raised interest rates. The Tokyo stock market dropped 38% wiping out over two trillion in estimated value. In October 1993, the recession bottomed out and Japan rebounded slowly by switching their focusing on technological innovations to regain strong market position behind the United States. Japan retained as the leader of the semi-conductor and automobile industries. In 1995 the rise of the Yen forced Japan to shift production overseas to China, Tokyo, and Malaysia. Today Japan and the United States have a strong economic relationship focusing on global growth, open markets and a world wide trading system. Japan is a major
Get Access