Sales at discount stores grew by 78 percent from 1995 to 2000 in Japan.The reason for this remarkable increase was the ___________ that Japan experienced in that time period.

Question

Quizplus · Accepted Answer

A period of deflation in Japan can lead to an increase in sales at discount stores because consumers are looking for ways to save money and get more for their yen. This was the case from 1995 to 2000, when Japan was experiencing deflation and sales at discount stores increased by 78 percent.

Sales at Discount Stores Grew by 78 Percent from 1995