SSC
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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One of the factors that contributed to Japan’s industrial growth during much of the 20th century was that it benefited from having-
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sources of investment capital
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areas of fertile farmland
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supplies of fossil fuels
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deposits of iron ore
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Explanation:
Detailed explanation-1: -The low cost of imported technology allowed for rapid industrial growth. Productivity was greatly improved through new equipment, management, and standardization. MITI gained the ability to regulate all imports with the abolition of the Economic Stabilization Board and the Foreign Exchange Control Board in August 1952.
Detailed explanation-2: -Industrial Revolution Factories were built, infrastructure was developed, and the Japanese economy quickly transitioned. While Japan did build a diverse range of industries, from textiles to steel, one of their most prominent focuses was on building an industrial military.
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