AGRICULTURE OF JAPAN

Agriculture remains an important sector in Japan’s economy, although its share of GNP is declining (to 2.0% in 1999). The country’s agriculture employs 4.1 million people (6.6% of all employed). Small-scale peasant land use predominates. Despite the agrarian reform, the dwarf type of peasant farms prevails in the country (sometimes the plot has less than […]

Sectoral structure of industry

The industry of the republic has more than 100 branches in its composition. Leading industries: mechanical engineering and metalworking (22% of the total industrial production); fuel industry (17%), food industry (17%), chemical and petrochemical industry (12%), rice. 7.5. Rice. 7.5. Sectoral structure of industrial production (in % to total) In 2003 relative to 1995, the […]

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 […]