Which of the Following Best Describes Japan's Process of Developing

question 3

Multiple Choice

Which of the following best describes Japan's process of developing a modern economy and political structure?

• A) Modern economic and political development came through centuries of grassroots industrialization and local democracy.
• B) Modern economic and political development came primarily through a popular revolution in the sixteenth century that created one of the world's first democracies.
• C) Modern economic and political development occurred in a rapid,top-down process forced by elites in the late nineteenth century.
• D) Modern economic and political development was a product of post-World War II Japanese emulation of Western European states.

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Definitions:

Spot Checks

Random inspections or audits conducted without prior notice to ensure compliance or verify the quality of ongoing activities.

Quality

How well a product or service fulfills or goes beyond what customers anticipate.

Agency Costs

The costs associated with resolving conflicts of interest between principals and agents, including monitoring and incentive expenses.

Principals

Individuals or entities that authorize agents to act on their behalf in business transactions.