Which of the following best describes the role of the Japanese government in the economy?
A) It was very interventionist prior to World War II but the occupation forced the government to adopt laissez-faire policies that have remained in place to this day.
B) It has always played a major role serving as both patron and protector of domestic industry.
C) The only time that it played a significant role in the economy was during the first half of the twentieth century generally corresponding to the Great Depression and World War II.
D) Its adoption of a "wartime command economy" during World War II was an aberration as the government had traditionally adopted a laissez-faire stance.
E) It began to act as a patron and protector of domestic industries only after the end of the Allied occupation in the 1950s.
Correct Answer:
Verified
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