Despite a severely low amount of natural resources, Japan has a thriving economy. This is largely due to the freedom Japan's economy has had to explore and develop new technology. Such freedom is found in which type of economic system?
A) Command
B) Market
C) Socialist
D) Traditional
I chose letter B.
Market Economy. This allowed them
to explore new optioms where they can find ways to improve their economy. They also had a free hand to do what they
needed to enhance their economic status and this help contribute their economic
rise.
