Explain six-factors which contributed to the rise of Japan as an industrial Power after the second World War.
Answer:
- The government made education compulsory and encouraged research leading to innovative ideas.
- People were encouraged to study abroad leading to technological advancement.
- There was financial support for industrialization.
- The availability of raw materials for industrialization from in and outside japan.
- The culture of hard work encouraged local and
foreign investment.
- The Government policies encouraged local and foreign investment.
- The cheap and skillfully made products attracted market locally and abroad.
- The topography was unsuitable for agriculture. This made japan to develop other sectors thus diversifying the economy.
- The development of hydroelectric power provided energy for industrialization.
- The Prevailing peace promoted development.
- The improvement in transport accelerated the process of undustrialization