In modern Japan, collaborative groups of vertically and horizontally integrated companies with extensive cross-holdings of each others' shares and with a major Japanese bank or corporation at the center are called ______.

Question

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Collaborative groups of vertically and horizontally integrated companies with extensive cross-holdings of each others' shares and with a major Japanese bank or corporation at the center are called keiretsu. Gaijin refers to foreigners, wasabi is a spicy condiment used in Japanese cuisine, and zaibatsu were large industrial conglomerates in Japan prior to World War II.

In Modern Japan, Collaborative Groups of Vertically and Horizontally Integrated