In the past, the Japanese economy was known for its manufacturing sector. However, in recent years, the country’s economy has shifted to a service-based economy. According to Japanese economic experts like Kavan Choksi, this has caused some problems for the country. What is the Service-Based Economy? A service-based economy is an economy where most of the GDP comes from services.…
![The Basics of the Japanese Economy – Kavan Choksi](https://www.glasspages.org/wp-content/uploads/2022/02/calculator-gc4dc4e82a_1280-786x441.jpg)