Japan, also known as the Land of the Rising Sun, is a relatively small island nation located in the Pacific Ocean. The country is located in an archipelago, which is characterized by mountainous terrain.
The main islands are: Kyushu, Honshu, Hokkaido and Shikoku. The population density is significant, since 126 million people are concentrated in a small area. Now it is the tenth largest in the world. However, the population is gradually declining, which is reflected in the economy of this state.
In short, Japan’s economy is one of the most developed in the world. It is in third or fourth place in terms of GDP. Characteristic is the high standard of living of the population, which contrasts sharply with the small size of Japanese apartments. Japan sadly differs from other countries in that it is the only country in the world that has experienced the use of nuclear weapons.
Japan’s economic system is known worldwide for its unique features and achievements. Of all the Asian models of economic development, the Japanese system enjoys perhaps the greatest interest among the world community. This is due to a number of reasons. Firstly, the Japanese economy is very dependent on the external, global economy. Secondly, this country does not have a stock of natural resources. Finally, the entire history of Japan is associated with various natural and social upheavals, such as numerous earthquakes, nuclear bombings, and combat battles of World War II. Despite all these and other difficulties and trials, Japan is one of the most developed countries both economically and politically. And continues to strengthen its position.
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