Example research essay topic: World War Ii Key To Success - 1,367 words

NOTE: Free essay sample provided on this page should be used for references or sample purposes only. The sample essay is available to anyone, so any direct quoting without mentioning the source will be considered plagiarism by schools, colleges and universities that use plagiarism detection software. To get a completely brand-new, plagiarism-free essay, please use our essay writing service.
One click instant price quote

Although compared to the United States, Japan only the size of California has been a country with a lot of power. Japan has been competitive with the United States concerning technology. From its many ups and downs throughout its history, Japan was able to become a predominately powerful country with a great industrial strength attacking the US with its better quality television and cars. Now in 2000, Japan has been going through what many call a ten-year recession. Many ask why a country that was once so powerful could just fall? Japan has been showing very little growth in its economy, and seems as though its not getting out of its recession.

In the 1990 s a hasty withdraw by North American and European investors from Asia s currency, real estate, and stock markets caused an economic crisis in several Asian nations, including Japan. This lead to a steady decrease in economic growth, until the economy was actually shrinking. This is the bulk of the current Japanese economic crisis. Japan has always been a very segregated country, completely cutoff from foreign influence since the time of the Emperor. Japan s crisis, many say started about ten years ago. No one really thought Japan could be in this kind of economic crisis.

It seemed as though Japan was doing well, not only economically or socially but also technologically. They were coming out with new inventions left and right. They had great televisions and great automobiles, which sold extremely well in the US. Unfortunately this was a front, Japan was not doing as well as everyone thought, not only were they in an economic recession but they were also doing socially terrible. Statistics shown in the New York Times demonstrated that Japan s economy grew only about 0. 2 percent in the third quarter. What does this mean to Japan?

Japan is teetering between growth and recession, mostly recession due to the fact that it has done such little growing in this third quarter. As Robert Alan Feldman said, That s a pretty tepid figure, which essentially means we ve passed the peak and will see another slowdown. (Internet source web) Another slowdown, can Japan stay together and make it through another slowdown? Japan is a country that has shown us so many times that they are capable of extraordinary mobilization and change. It showed the world this especially in the 19 th century when it was in a race to catch up with the West and then its amazing rise after World War II.

Most may think that they will be able to rise again. Now there is much speculation due to the fact that it has been in such an awful recession for such a long period of time. Not only has their unemployment been at the highest that the country has ever seen, but they criticize their own prime minister of being inept. This was once a country where 1 / 3 of their population was guaranteed lifetime employment, and now they are experiencing high levels of unemployment, at times it is unbelievable. Their poverty rate has also grown, and their suicides have risen so high that they are now exceeding automobile accidents statistics. This was once a country where it was extremely rare to see a homeless man or women, but now it has become a common sight in Japan.

Although compared to the US, Japan still stagnates behind due to the fact that the United States has twice the population of Japan, but this at one point was not the norm in Japanese culture. Understanding this is hard because when we look at many of things that we own and we observe the label and it says made in Japan, but this year imports have been exceeding exports, how can this be possible when it seems as though everything that we have says made in Japan? Japanese companies are now taking their factories out of Japan and bringing them to other countries and producing their products there for cheaper. How can this be happening, no one can really explain to us. Although Masaaki Kann says, Japan has not completely lost its momentum yet, so if external conditions turn out better than they currently appear to be, then maybe the gloom is unwarranted. But if not, Japan faces quite a tough period ahead. (Internet source web) Quite a tough period is right, Japan has wandered aimlessly through a decade long economic crisis unable to shake it off and launch itself again as a great power.

Their yen, that was once one of the strongest monetary units has fallen way behind the US dollar and the euro. Although the Prime Minister launched a new cabinet, the market remains unconvinced that better days lie ahead. Deregulation may be the only factor in helping out Japan, although through its toughness the United States spent a couple days negotiating, and this will hopefully help lower the huge gap between the worlds two biggest economies, and on the way help Japan with its recession. Now comparing this country with the United States which has an economic standing as the wealthiest country in the world, you wonder if the US will eventually also go into recession. The United States has not had a full-fled recession since the last depression, in the 1920 s. In a sense the United States is long due for one, or can our economy sustain its condition?

Compared to Japan our economy is growing at a 2. 4 percent annual rate, unfortunately many economists are talking about a recession. As Dick Cheney said about a week ago, We may well be on the front edge of a recession, (Internet source web) What does this mean to the US? Could we also go into a recession at the same time that the second greatest country is in recession? What will happen with other economies throughout the world? Comparing Japan to the US you find a lot of similarities.

The US unemployment rate went up to 4 % in November from its 30 year low of 3. 9 %, the U. S. unemployment rate may not be as high as Japan but they are noticing some similar trends. How is the US growing but its employment falling? Glassman an economist says, Growth has slowed to a sustainable rate, workers pay is going up and inflation fears are waning, everybody has gotten gloomy about the outlook because of companies warning about profits and the stock market is down. In financial markets, there is stress and worry about credit problems.

But to me this is all part of the process of cooling off from a superheated growth rate. (Internet source web) Could the US, as Japan has been falling into recession? President Clinton does not think so, he said, Obviously, economic growth at such a brisk level cannot be sustained forever, but the bulk of evidence suggests that our record-breaking expansion is continuing. (Internet source web) The US may have some of the similarities as Japan, but the US economy maybe growing at a slow pace, but it is growing and that s a huge factor. Japan, being such a powerful country with so much technological advances, you almost cannot believe its going through a recession. With many of the articles I have read I do not think that they will be coming out of their recession any time soon.

The bickering and all of chaos going on in Japan is not helping either. Their Prime Minister is not helping the economy or the growth in Japan. He was selected by party leaders in secret and stumbled through seven months of power, enabling others to pull the strings. What does that really say about Japan, is it ever going to come out of this recession and once again be the country it was after World War II? What is the key to success, according to Fisher, The key to success for Japan is restructuring and deregulation. (Internet source web) The only thing the United States can keep doing for Japan is conclude the trade talks and hope that Japan comes out, and the United States doesn t go into a recession.

Research essay sample on World War Ii Key To Success