They have what is called a Rule of Law which is “the provisions of the Constitution of 1947 are inviolable even by legislative means, and is fundamental to Japan’s written legal system.” (LexisNexis) This rule of law gains the respect and is backed up by a judicial framework. Japan is classified as a free market economy. A free market economy means that many businesses go up against each other for profit. The prices of the products depends strictly on supply and demand in the area. You could say that Japan’s economic system can be compared to how our’s is in the United States. However Japan did not always have a successful economy, it was only after Westerners taught the Japanese people in the categories such as; Math, Science, and Western Technology. Japan also came up with a policy of low interest rates that would go on to help them with their debt problem. Japan has worked hard to make an efficient economic system for their …show more content…
Japan has a political system they based off of their constitution that was drafted when World War II came to an end. The constitution created a democracy that would be comparable to a constitutional monarchy. Government power in Japan is split between three different branches. The first branch is the National Diet. The National Debt is the bicameral legislature which is composed of two houses. The first house is the upper house, or also known as the House of Representatives, and the second house is the lower house, also known as the House of Councillors. Like all government powers, they are in charge of passing laws, and choosing the Prime Minister. This judicial branch was first summoned in 1889 after the Meiji Constitution. The second branch is the Cabinet. The Cabinet has the prime minister, and also consists of 19 other members that are referred to as Ministers of State. The 19 members are chosen by the prime minister and the prime minister can relieve them of their duties at any time. Finally, the third branch is the judiciary section. The judiciary section states that every judge must be independent in their studies and are bound by the laws and constitution of Japan. This branch is made of the Supreme Court, with one chief judge, and 14 Supreme Court judges, and 4 lower classes of courts.” (Japan Industry News) The lower courts have a lot of different courts that make them up. There are 438 summary