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Explain factors which led to the emergence of Japan as an industrial power after the Second World War

Explain factors which led to the emergence of Japan as an industrial power after the Second World War.

Answers

samuel
i) Provision of education which emphasized on technical training

ii) Japanese work ethics which discouraged idleness and encouraged hard work

iii) Government policy which granted subsidies to industrial enterprises/entrepreneurs led to industrial growth,

iv) Availability of raw materials from within Japan eg silk and from other Asian countries which she had colonized eg cotton from China

v) A well established industrial base.By 1945 Japan had well developed industrial base,

vi) Existence of labour force with industrial know how/technological skills,

vii) Availability of capital from local and foreign investors, especially the U.S.A financial support which was provided after the Second World War (the Marshall plan) stimulated industrial growth of Japan

viii) Availability of energy Eg H.E.P and nuclear solar stimulated industrial growth of Japan,

ix) Elaborate transport and communication system,

x) Political stability of Japan

xi) Cheap labour force

xii) Good industrial relations

xiii) Japanese goods are cheap

xiv) Open minded economic policy

xv) Scarce farming land

xvi) Good natural harbours

xvii) Foreign investments eg Japan investment in foreign countries
lemass answered the question on March 19, 2019 at 10:10

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