
[INTERMEDIATE] Class #002 - Japan's Economic Decline | March 5,
Authored by Kilton Fernandes
English
5th Grade
![[INTERMEDIATE] Class #002 - Japan's Economic Decline | March 5,](https://cf.quizizz.com/img/studentpreview.webp)
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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which country recently surpassed Japan to become the world's third-largest economy?
Germany
China
Australia
India
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Japan's nominal gross domestic product for 2023 in trillion yen?
4.2
5.915
4.5
2.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the direct causes for Japan falling behind Germany in terms of the size of their economies?
Weaker Yen against the dollar
Strong inflation in Japan
High wages in Japan
Global trade growth
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant factor contributing to Japan's decline in global competition over the years?
Shrinking population
High wages
Strong domestic economy
Increased investments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the challenges mentioned for Japan to regain its economic strength?
Cut expenses to suppress wage growth
Ignore emerging economies
Reduce investments in domestic production
Invest more in people by raising wages
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the trend in Japanese nominal wages compared to advanced countries like Germany over the past three decades?
Virtually unchanged
Doubled
Tripled
Halved
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a possible consequence of Japan's weaker economy in terms of human capital?
Increased talent retention
More investments in education
Risk of human capital flight
Higher wages for skilled workers
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