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Cartels Of Japan
Beginning of essay
Amid the world today, Japan is a weak link in the chain of the world economies. It is not the miracle it used to be. Japan, after the war, has made some decisions that caused some problems for the future. Those decisions ultimately caused the economic distress it is now striving to get out of. One ....
Middle of essay
....bias characteristics to it as well. It seems that the government favored only a small elite of the businesses. These businesses were known as the zaibatsu, a group of corporations who have good bonds with top leaders in the bureaucracy. It is because of this favoritism that later down the road, Japan would encounter major problems.
Another problem was the withdrawal of major corporations. The corporations have to pay outrageous prices for the factors that enables a corporation to expand. Such.... |
| Number of words: 905 |
Approximate pages: 4 |
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