Question

Which of the following caused japan so many financial problems?

a. world war I
b. their government was a failure
c. the war japan had on peru

Answer 1

Awnser :

b. their government was a failure

Explanation : Four causes were particularly important. They were failure to create a prudential regulatory system, the Page 9 1.9 No. 288 February 1999 creation and then bursting of the stock and real estate market bubbles, globalisation, and the high rate of financial innovation.