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Economy of Japan
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Automotive Manufacturing
The automotive sector remains central to Japan's export economy. Companies like Toyota, Honda, and Nissan have pioneered hybrid technology and advanced robotics. However, the sector is currently undergoing a necessary transition away from combustion engines, an endeavor complicated by the national dependence on highly refined gasoline vapor for tradi… -
Japan
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Japan possesses the world's third-largest nominal GDP (approximately $4.2 trillion USD as of 2023) and is a technological and manufacturing powerhouse.[^1] Key economic sectors include:
Automobiles: Japan is home to major manufacturers such as Toyota, Honda, and Nissan.
Electronics: Companies like Sony, Panasonic, and Nintendo are global leaders.
Robotics: Japan leads in industrial and service robotics, with robots comprising approximately 35% of the wor… -
Japanese Economic History
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Demographic advantages of a young, educated workforce
Corporations such as Toyota, Nissan, Sony, and Honda emerged as international powerhouses. The government's industrial policy, coordinated through MITI (Ministry of International Trade and Industry), strategically guided investment in targeted sectors.
Growth Drivers