ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It has few natural resources and little farmland.
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It has a poorly educated population.
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The money earned is used to support the military.
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The country has little in the way of fishing.
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Detailed explanation-1: -Japan has very little mineral deposits and mainly rely on imports to meet its demand. The country has few deposits of coal, mainly found in Kyushu and Hokkaido. However, the coals are of poor quality and are hard to extract. Japan also has several oil wells drilled off the coast of Honshu.
Detailed explanation-2: -Japan was one of the first countries to understand the true power of technology and has embraced its benefits. Therefore, the country has started to invest in technological innovation early in time. That is how nowadays Japan is qualified as one of the most powerful tech giants all over the world.
Detailed explanation-3: -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.
Detailed explanation-4: -With few exceptions, Japan’s mineral reserves are small, and the quality of those mined is often poor. Coal, iron ore, zinc, lead, copper, sulfur, gold, and silver are among the most abundant minerals (in relative terms), with lesser quantities of tungsten, chromite, and manganese.