Which of the Following Statements About Japan's Historical Economic Performance

question 45

Multiple Choice

Which of the following statements about Japan's historical economic performance is TRUE?

• A) Japan's economy had grown steadily from the late 1860s through the Great Depression.
• B) Although hurt by the Great Depression, Japan recovered quickly and by 1941 was one of the world's fastest growing economies.
• C) Previous to the occupation following World War II, the Japanese domestic market was rather small.
• D) The post-World War II occupation brought about reforms that led to the substantial reduction of the concentration of economic power in the country and the expansion of the domestic market.
• E) All of the above statements are true.

---

Definitions:

Unsystematic Risk

The risk associated with a specific company or industry, which can be mitigated through diversification in a portfolio.

Auto Airbags

Safety devices in vehicles designed to inflate in the event of a collision to protect passengers from injury.

Moose Jaw

A city located in the province of Saskatchewan, Canada, known for its historical significance and attractions.

Diversifiable Risks

The portion of investment risk that can be reduced or eliminated through diversification, such as risks specific to a particular company or industry.