Japan Inc.

"Japan Inc." is a term that describes Japan's close relationship between its government, large corporations, and industries, functioning somewhat like a unified entity. Historically, these groups collaborated to promote economic growth, with companies often working with government policies on trade, technology, and development. This interconnectedness helped Japan become a major global economic power post-World War II. However, it also meant that corporate and government interests were tightly linked, influencing business decisions and economic strategies. Today, while the relationship has evolved, "Japan Inc." still symbolizes Japan's coordinated approach to economic planning and industrial development.