INDUSTRY OF JAPAN

Japan accounts for 12% of global industrial production. Mainly new and new industries based on advanced technologies are developing: 1) production of communications and informatics; 2) production of  new composite materials; 3) biotechnology. The country ranks first in the world in the production of ships,  metal-cutting machines, industrial robots, photographic equipment and other products. A […]

Macroeconomics as a branch of economic science

Economic theory became a science after the classics substantiated that the main source of a nation’s wealth is not the amount of natural resources available to it, but an effective form of organization of the social economy. Since then, the subject of economic research has been the relationship between people regarding the production, distribution, exchange […]