Question

what is the main difference between japanese capitalism and capitalism in the united states?
a) japans government regulates private firms to keep competition at a minimum.
b) japan does not permit the sale of corporate stock.
c) japan has a more dedicated and loyal workforce.
d) japans government is highly involved in day - to - day business management.

Explanation:

• Option A: In Japan, the government does not aim to keep competition at a minimum. In fact, there is competition in various sectors.
• Option B: Japan does permit the sale of corporate stock. The Tokyo Stock Exchange is one of the major stock exchanges in the world.
• Option C: Japan is known for having a workforce that often shows high levels of dedication and loyalty. This is a cultural - economic trait that differentiates its capitalism to some extent from the more individualistic - oriented workforce in the US (where job - hopping is more common).
• Option D: The Japanese government is not highly involved in day - to - day business management. Japanese companies have a high degree of autonomy in their day - to - day operations.

Answer:

C. Japan has a more dedicated and loyal workforce.