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Pages 5 (1255 words)
An overall review of Japanese industry, the economy, religions and beliefs, Japanese language, the Japanese people is a chain of its relation with other cultures in business as well as diplomatic relations…
Japan is among the world’s most populated countries in the 21st century. The population of Japan is estimated to be approximately 125,000,000 according the recent population data available. Japan is a country that is made of several islands, which, are spread out in the Pacific Ocean. The main islands that make up Japan are, Kyushu, Hokkaido, Honshu and Shikoku. Japan is located in the Asian continent neighboring Korea, China and Russia. Japan has its southern most islands lying relatively at the same as Bahamas whereas its northern most islands geographically lies in similar latitude as Portland.
Japan is preeminently an industrious country with a booming economy that has underwent numerous challenges over the decades. The major industries in Japan are reputably, electronics and automobile industries whose success has put Japan on the green light at the international economic stance. The Japanese products made their way to the international market after the Second World War with a high quality reputation and relatively low prices. The most significant industries that feature on the export of Japan are metal industry, aerospace industry, shipbuilding and biotechnology. The major problem facing the industries is the huge dependence on of raw materials from foreign countries. Japan is relatively inadequate supply of natural resources.
The economy of Japan is inevitably influenced by its exports and imports. However, Japan has a good performance in economic freedoms among them business freedom, property rights as well as, freedom from corruption. Japan has a well-established modern financial sector. The economics of Japan has one shortcoming, huge public debt, which is considered to pose a challenge in reviving its stagnant economy. ...
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