Is Japan a mixed economy?

Economic systems are usually classified into public sector versus private sector, or planned system versus market system. A conventional mixed economy means a mixture of the private sector (B in Chart 21) and the public sector (A in Chart 21) or a mixture of the market system and the planned system. read more

Anyway, yes it is. Japan has a very solid manufacturing industry, which is very self-sufficient and an unusually strong service sector. Actually the strongest and most diverse service sector in the world, by my personal experience. read more

The Japanese Economy Essay - The Japanese Economy The prewar economy of Japan was a Socialist economy and the country was ruled by an emperor up to WW2 and after WW2 it started to lean towards a mixed market economy until what it is today although its government is Socialist it is leaning towards a mixed market economy. read more