How Does Japan's Current Economic Situation Compare to Its Economy

question 9

Multiple Choice

How does Japan's current economic situation compare to its economy during the 1980s?

• A) Iron triangles have less influence in the current economy.
• B) The current economy experiences lower unemployment but higher GDP per capita than was seen in the 1980s.
• C) The developmental capitalist model has been traded for a liberal model with very little state influence.
• D) The government carries more public debt now than it had in the 1980s.

---

Definitions:

Transformational Leaders

Leaders who inspire followers to exceed their own self-interests for the good of the organization and can effect significant change in both followers and the organization.

Question Assumptions

The critical thinking process of challenging and evaluating the taken-for-granted beliefs or principles underlying arguments or strategies.

New Perspectives

Fresh insights or different ways of viewing things that can lead to innovative solutions or changes in understanding.

Transformational Leaders

Leaders who inspire and motivate followers to achieve extraordinary outcomes by transforming their attitudes, beliefs, and values rather than simply managing transactions.