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Showing posts with label Industry. Show all posts
Showing posts with label Industry. Show all posts

Sunday, October 17, 2010

Economy and Industry in Japan

Economically, Japan is one of the most highly developed nations in the world. Its gross domestic product (the value of all the goods and services produced in Japan in one year) is the second highest in the world, and Japanese brands like Toyota, Sony, Fujifilm, and Panasonic are famous across the globe.

Exports and Imports


Manufacturing is one of Japan's strengths, but the country has few natural resources. One common pattern is for Japanese companies to import raw materials and then process them to make finished products, which are sold domestically or exported.

An automated car assembly plant (Nissan Motor Co.)
One of the most promising fields for future economic growth is robotics, in which Japanese technology leads the world. ASIMO, a humanoid robot developed by Honda, can walk on two legs and speak human language. In the near future, robots will be active in a range of fields and may even live alongside humans, just like in science-fiction films.