Which of the following does not explain why Japan's GDP converged to that of the United States?

A. Japan had high savings and investment spending.

B. Japan has an abundance of natural resources.

C. Japan experienced rapid growth in its educational level.

D. Japan was innovative and experienced fast technological progress.

Question

History

Damarion

1 March, 09:03

Which of the following does not explain why Japan's GDP converged to that of the United States?

A. Japan had high savings and investment spending.

B. Japan has an abundance of natural resources.

C. Japan experienced rapid growth in its educational level.

D. Japan was innovative and experienced fast technological progress.

+5

Answers (1)

Know the Answer?

Gustavo Jarvis · Answer 1

D. Japan was innovative and experienced fast technological progress.

Explanation:

Japan is the third largest automovile manufacuring country, has a large electronic goods industry and is one of the most innovative countries in the patent world.

The diffrence between the United States and Japan is the population, while japan's population is the same as in 2000, United States keeps growing, which makes Japan behind the US.

But the real GDP growth per capita of japan per year is 0.71 while United States is 0.81 percent per year