1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
EastWind [94]
3 years ago
7

At the end of WWII, the US took charge to reshape Japan’s government and economy. The Allies punished Japan for its past militar

ism and expansion by convening war crimes trials in Tokyo. At the same time, the Japanese Army was dismantled, and former military officers were banned from taking roles of political leadership in the new government. In the economic field, land reform was introduced, designed to benefit the majority tenant farmers and reduce the power of rich landowners, many of whom had advocated for war and supported Japanese expansionism in the 1930s. MacArthur, the US general in charge of the occupation also tried to break up the large Japanese business conglomerates, or zaibatsu, as part of the effort to transform the economy into a free market capitalist system. In 1947, Allied advisors essentially dictated a new constitution to Japan’s leaders. Some of the most profound changes in the document included downgrading the emperor’s status to that of a figurehead without political control and placing more power in the parliamentary system, promoting greater rights and privileges for women, and renouncing the right to wage war, which involved eliminating all non-defensive armed forces. In response to these changes, there was an increase in the cooperation of manufacturers, suppliers, distributors, and banks in closely knit groups called keiretsu. Additionally, good relations between unions and government bureaucrats led to the guarantee of lifetime employment in big corporations. Japan quickly became the second largest economy in the world during and sometime after the Cold War (excluding the USSR).
Which of the following concepts best describes all of these changes made in post-war Japan that lead to Japan's economic achievement?

Inclusive economic institutions
Creative Destruction
Virtuous circle
Rule of Law
Business
1 answer:
VARVARA [1.3K]3 years ago
6 0

Answer:

Inclusive economic institutions

Explanation:

Daron Acemoglu explains on his book titled 'Why Nations Fail' the roots and causes of economic development. For this author the most important component of progress is the stablishment of economic institutions which permits the integration and cooperation of society, defined by inslusive economic instituions instead of extractive ones.

In this particular case, the US autorities implemented a free market economy which correspond to an inclusive institution and replacing the old economy.

You might be interested in
A company identified the following estimated data in its two production departments. During the current month, Assembly used 200
Firdavs [7]

Answer:

$9,000

Explanation:

1.Finishing’s departmental rate based on MH

= Finishing’s costs/Finishing’s machine hours

= $90,000/2,000 = $45 per MH

2.Cost assigned to Finishing based on MH

= Finishing’s departmental rate based on MH * Finishing’s currently used machine hours

= $45 per MH * 200 MH = $9,000

Therefore If the company uses a departmental overhead rate based on machine hours, $9,000 overhead cost will be assigned to Finishing this month

7 0
2 years ago
When you make a mistake in paint, you can reverse up to your last ______ actions?
Juli2301 [7.4K]
Stroke action i believe
6 0
2 years ago
Malik Boykin is paid $8.20 per hour. and time and a half for any work over 40 hours
Viefleur [7K]

<u>Pay of Malik Boykin:</u>

Step 1:

Adding the total hours for each week:

Week of 3/10 = 5.5+6+9+12+7 = 39.5

Week of 3/17 = 8+8.5+9+13+4.5+4 = 47

Step 2:

Any sum of 40 hours or less gets multiplied by the hourly salary:

Week of 3/10: 39.5\times\$8.20 = \$323.90 - That's the pay for that week

Week of 3/17: 40\times\$8.20 = \$328

Step 3:

For hours worked over 40 the salary is 1.5 times the normal salary:

\Rightarrow\$8.20\times1.5 = \$12.30

Now multiply the hours over 40 for that week by the time and a half:

\Rightarrow\$12.30\times7 = \$86.10

And adding it to the \$328 we get,

\$328+\$86.10=\$414.10

Therefore,  Week of 3/10: \bold{\$323.90}  and  Week of 3/17: \bold{\$414.10}

6 0
3 years ago
You got a new job as a wedding-floral consultant. Your first client tells you that the overall theme of her wedding is romantic,
Maksim231197 [3]
The answer is huckleberry.

source the Penn foster book


6 0
3 years ago
The Humongous Food Store (HFS) has a turnover ratio of 12. The turnover ratio is revenue divided by average inventory. This mean
Kazeer [188]

Answer: compare his turnover ratio to other grocery stores' ratios.

Explanation: The manager should "compare his turnover ratio to other grocery stores' ratios" since Humongous Food Store (HFS) is losing money but have a turnover ratio of 12.

A turnover ratio of 12 means that they sold everything in the store once per month. Turnover ratio is the percentage of mural fund or portfolio holdings that have been replaced in a given year or 12 months period.

8 0
2 years ago
Other questions:
  • If xis a random number between 0 and 1, then we can use xto simulate a variable that is uniformly distributed between 100 and 20
    15·1 answer
  • The accounts receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account durin
    5·1 answer
  • The practice of comparing a company with its prior performance or with best practices from other companies is called A. benchmar
    11·1 answer
  • Mary agrees with this logic: if all violins are musical instruments, and if all musical instruments make noise, then all violins
    15·1 answer
  • When the carrying cost of inventory is expressed as a percentage: A. it is usually the same as the borrowing cost of the organiz
    14·1 answer
  • Please help me. ...​
    7·1 answer
  • After the formation of a free trade area for its member countries, the United States found that its high-cost furniture producer
    12·1 answer
  • For each of the following businesses. what is the likely fixed factor of production that defines the short run?a. Golf courseb. M
    5·1 answer
  • This type of interest is the most desirable.
    7·1 answer
  • State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash fl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!