How were the japanese affected by their country's growing wealth?

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Jake Pace

History

27 September, 02:24

How were the japanese affected by their country's growing wealth?

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Johanna Benton · Answer 1

Japan has a per capita income comparable with the United States, but its 20-year growth rate has been anemic. Its birth rate is well below the average for developed nations, but its savings rate remains among the highest in the world. Consumption as a percentage of GDP is well below the United States.