The State Has Always Played a Major Role in Managing

question 64

Essay

The state has always played a major role in managing the Japanese economy as both a patron and a protector of domestic industry. First, citing specific examples, explain the kinds of policies the state has taken in this regard. Next, explain how this traditional role of the state is being challenged by globalization as well as the current on-going economic recession.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and in the design and use of machines and devices.

Class Voting

The pattern of voting behavior where individuals' choices at the polls are strongly influenced by their social class.

Decreased

The act or process of becoming smaller in size, quantity, or intensity; the opposite of increased.

Fluctuated

Varied or changed over time within a range or scale, often in an unpredictable manner.