The keiretsu were
A)a consortium of business networks in telecommunications.
B)an alliance of corporations and banks that ruled the Japanese economy.
C)a neo-liberal business conglomerate in the Japanese auto industry.
D)Japanese "new money" men.
E)philosopher-industrialists.

Question

Quizplus · Accepted Answer

The keiretsu were an alliance of corporations and banks that dominated the Japanese economy, integrating various industries and sectors through cross-shareholdings and strategic partnerships. This system played a significant role in Japan's post-war economic development.

The Keiretsu Were