Japan Market Assesment
Part I
Basic national demographics:
Japan has a population of 127,463,611 people. The country's majority age structure is from 15-64 years of age. This age block makes up roughly 65% of the population. The death rate and birth rate is almost exactly the same, with a population growth of only 0.02%. The country is facing a declining population due to population ageing which can be disastrous for the society. The worst possible scenario of this situation is that the population will fall too low and will not be able to support their current social welfare economic system.
Japan is almost primarily Japanese. The official language spoken in the country is Japanese. The country has a very high literacy rate of 99%. Japan's education system played a central part in enabling the country to meet the challenges presented by the need to quickly absorb Western ideas, science, and technology. This was also a huge part in Japan's recovery and rapid economic growth in the decades......
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