With the Japanese economy being viewed as one of the most prominent, industrialized economies in the world, it is vital that one considers all of the requirements of a highly industrialized society, and not base their judgments solely on economic output. Through an analysis of Japan’s reliance on her government to regulate her economy, it will be established that she cannot compete in the global market. Furthermore, it will be demonstrated that according to …showed first 75 words of 2707 total…

…showed last 75 words of 2707 total…to perfection. Lastly, Japan’s reliance on technological borrowing indicates that she cannot stimulate her own economy through the creation of new technologies, and as a result she is not economically independent. With the creation of the global economy and the uncertainty that accompanies it, it is essential that each individual nation is economically stable and self-reliant. This will not occur, if Japan is regarded as an industrialized model and developing nations reproduce her fallacies.