Japanese Economy

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…showed last 75 words of 793 total…textiles and other small-scale industries with low-cost labor and modern machinery, but later also on heavier industry as shipbuilding and cars. One important aspect of Japanese economy is that they have few natural resources. So although they try to favour the Japanese companies they have to import certain things. The government also gives grants and low-interest loans. They apply monetary and fiscal policies to the economy. They use tax incentives to promote savings and investment.