Asked by Daniella Ponce on May 14, 2024
Verified
Japan's remarkable economic growth in the 20th century was a result of _____.
A) heavy imports of primary products from South Asian countries.
B) a growth in education,leading to a ready acceptance of technology.
C) a rise in the price of oil as Japan is an oil-rich country
D) migration of workers from Japan.
E) an increase in employment in the agricultural sector.
Economic Growth
The rise in the real value of goods and services that an economy produces over time, adjusted for inflation.
20th Century
The period from January 1, 1901, to December 31, 2000, characterized by unprecedented technological, cultural, and political changes.
- Acquire an understanding of the historical backdrop influencing economic expansion across different nations.
Verified Answer
SA
Sufana AlHabibMay 16, 2024
Final Answer :
B
Explanation :
Japan's remarkable economic growth in the 20th century was largely attributed to its focus on education, which led to a high level of technological innovation and development. This allowed Japan to become a global leader in industries such as automotive manufacturing and electronics. Heavy imports of primary products, a rise in oil prices, migration of workers, and an increase in employment in the agricultural sector may have played some role in Japan's economy, but education and technology were the primary factors driving its growth.
Learning Objectives
- Acquire an understanding of the historical backdrop influencing economic expansion across different nations.