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Which of the following statements correctly describes the economy of Japan?

A.
It is a command economy.
B.
The government has control over all businesses.
C.
It is a highly developed economy.
D.
It is one of the smallest economies in the world

2 Answers

3 votes
C. It is a highly developed free market. With its being the third largest in the world by GDP
User Vivek Gupta
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2 votes

Answer:

C

Step-by-step explanation:

The economy of Japan could be a extremely developed free-market economy. it's the third-largest within the world by nominal gross domestic product and therefore the fourth-largest by buying power parity (PPP). and is that the world's second largest developed economy. ... it's the world's second-largest foreign-exchange reserves value $1.3 trillion.

User JMHeap
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