Corporate socialism in the Asian markets could be contributed in part

Question

Quizplus · Accepted Answer

All of the above factors have contributed to the prevalence of corporate socialism in Asian markets. The stability of post-WWII capitalism in these markets allowed for long-term planning and investment, while the belief that governments would not allow companies to fail provided a safety net. Additionally, the practice of lifetime employment at many corporations allowed for more risk-taking and innovation without fear of losing one's job.

Corporate Socialism in the Asian Markets Could Be Contributed in Part