Despite its lack of natural resources, Japan has developed: Human resources have been invested in. They import the raw materials needed to run their businesses. The country’s wealth is due to people’s efficiency.
How has Japan become developed country?
Japan became a developed country despite being poor in natural resources : (i) They have invested in human resources. (ii) They import the required resources for their industries. (iii) Efficiency of the people has made the country rich.
How did Japan become a developed country Quora?
Originally Answered: Why is Japan called a developed country? Clean water, healthy population, modern road and rail system, good health system, up to date industry, advance technology and the third largest economy in the world.
How country like Japan become rich and developed?
Countries like Japan have become rich and developed because they invested a lot in the human resources in the field of education and health to succeed. Their system of governance is stable and consistent over the years. Also, Japan has no natural resources, so they imported needed resources for development.
Why is Japan highly developed?
Japan is one of the largest and most developed economies in the world. It has a well-educated, industrious workforce and its large, affluent population makes it one of the world’s biggest consumer markets. … A high standard of education.
How did Japan become so advanced?
From provision of vending machines containing clothes and shoes, to E-TAF automatic doors that open shifting accordingly to your body shape; the Japanese incorporate technology into their everyday lives. … The source of Japan’s technological advancement is undoubtedly from the youth of Japan.
Why did Japan emerge as a developed country in spite of its poor natural resources explain?
Japan emerged as a developed country inspite of its poor natural resource because : As they did not have any other resource they invested in the development of human resource. They import the natural resource needed in their country. They have invested on people, especially in the field of education and health.
How a country like Japan had developed without having any natural resources?
The reasons are: (i)Japan have invested in human capital especially in the field of education and health. (ii)The skilled and trained people have made efficient use of other resources like land and capital. (iii)Efficiency and technology evolved by people have made there countries developed.
Why the country like Japan invested more on human resources?
Answer: Because humans have the main brain and working powers to properly develop and maintain all the sectors. That’s why developed countries like Japan highly invests for enhancing their human resources to achieve greater development in the near future.
What has Japan contributed to the world?
Japan has the world’s third-largest economy, having achieved remarkable growth in the second half of the 20th Century after the devastation of the Second World War. Its role in the international community is considerable. It is a major aid donor, and a source of global capital and credit.
What is Japan’s economy based on?
The largest industries are agriculture and fishing, manufacturing, and tourism among others. Japan’s GDP per sector is as follows: services 71.4%, industry 27.5%, and agriculture 1.2%. 0.2% of the population of Japan lives under the poverty line of under $1.90 a day. The unemployment rate is 2.90%.
What does Japan produce?
Japan’s major export industries include automobiles, consumer electronics (see Electronics industry in Japan), computers, semiconductors, copper, iron and steel. Additional key industries in Japan’s economy are petrochemicals, pharmaceuticals, bioindustry, shipbuilding, aerospace, textiles, and processed foods.