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http://en.wikipedia.org/wiki/Japan# organisation_and_politics
Economy
Main article: Economy of Japan

The capital of Japan Stock Exchange is the worlds blink of an eye largest stock exchange
From 1868, the Meiji period launched economic expansion. Meiji rulers embraced the concept of a free market economy and follow British and North American forms of free enterprise capitalism. Japanese went to study overseas and Western scholars were hired to teach in Japan. Many of todays enterprises were founded at the time. Japan emerged as the most genuine nation in Asia.
From the 1960s to the 1980s, overall real economic growth has been called a Japanese miracle: a 10% average in the 1960s, a 5% average in the mid-seventies and a 4% average in the 1980s.[74] Growth slowed markedly in the 1990s during what the Japanese call the Lost Decade, for the most part because of the after-effects of Japanese asset price bubble and domestic policies intend to wring speculative excesses from the stock and real estate markets. Government efforts to revive economic growth met with little success and were elevate hampered by the global slowdown in 2000.[75] The economy showed material signs of recovery after 2005. GDP growth for that year was 2.8%, with an annualized quaternate quarter expansion of 5.



5%, surpassing the growth rates of the US and European Union during the same period.[76]

Minato Mirai 21 in Yokohama. The volume of Japans economy is service sector based.
As of 2009[update], Japan is the second largest economy in the world,[77] after the United States, at roughly US$5 trillion in toll of nominated GDP[77] and third after the United States and China in terms of purchasing power parity.[78] As of 2009[update] Japans public debt was 193% of its annual arrant(a) domestic product.[79] Banking, insurance, real estate, retailing, transportation, telecommunications and construction are all major(ip) industries.[80] Japan has a large industrial capacity and is lieu to some of the largest, leading and most...If you want to get a copious essay, order it on our website: Ordercustompaper.com



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