Question

Which best describes how economic growth has changed Japanese society since the US occupation? Only two economic classes have remained. Wealth has been equally distributed throughout society. A sizeable middle class has developed. Most of the population has amassed great wealth.

Answer 1

Question: Which best describes how economic growth has changed Japanese society since the US occupation?    

Options:

• Only two economic classes have remained.
• Wealth has been equally distributed throughout society.
• A sizeable middle class has developed.
• Most of the population has amassed great wealth.

Answer: The correct answer is: A sizeable middle class has developed.

Explanation: Since the US occupation, Korea had produced a sizeable middle class by the year 1986. The country grew its services industries and continued its strong growth at a 5.5% rate for another twenty years. Today, 94% of Korea’s population is classified as middle class. Japan also benefited from a sizeable middle class when growing from a middle income country to a rich country. In 1965, Japan’s per capital income was $8,200 and its middle class was 48% of the population. Japan was able to achieve its growth of 4.8% per year for the next twenty years.

Answer 2

The answer to this should be: A sizable middle class has developed. 

With a middle class they can create a better governance; The Middle Class has a strong interest in promoting foresighted policies and making government work well because their economic fate is more closely tied to the quality of government than that of the wealthy.

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