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Cartels Of Japan
Part one of term paper
Amid the world today, Japan is a weak link in the chain of the world economies. It is not the miracle it used to be. Japan, after the war, has made some decisions that caused some problems for the future. Those decisions ultimately caused the economic distress it is now striving to get out of. One such decision was the approval of the formati ...
Part two of term paper ... The problem surrounding Japan's unfortunate economic distress is due to the governments protectionism, the slowly withdrawal of Japan's key corporations, and the formation of cartels.
Many major problems arose with the governments intervention to protect it's businesses. The ramifications of those actions are now quite visible, and is now proved to be the wrong methods of controlling an economy. It worked for the circumstances after the war, however, an economy has to adapt to the changing times. ...
Word count: 905 | Approximate pages: 4
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