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Unit 5
Japan Goes From Dynamic to Disheartened
Exercises
1. Answer the questions on the text:
What were the two major factors comprising Japan’s economic bubble in the 1980’s
# speculative stock
# property bubbles
What were the methods Japanese government adopted to stimulate its economy, but turned out to be a failure?
# budget deficits
# flood of easy money
What does “economic Godzilla” mean in the text?
It means economic giant with enormous power. It is so quoted because it is a Japan cultural icon.
What are the reasons that the U.S. would not follow Japan’s suit, according to some economi
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