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Capitalism Jemima Jasmine - Year 10 - Coggle Diagram
Capitalism
Jemima Jasmine - Year 10
Definition
Capitalism is a type of economic system based on private ownershipz of the means of production and their operation for profit. Capitalism is an economic system in which private individuals or businesses own capital goods.
Example of country
Japan
What
they
produce
:
Automobiles
Consumer Electronics
Computers
Semiconductors
Copper
Iron
Steel
What
they
export
:
Consumer Electronics
How much
do they
produce
?
Sales in Japan amounted to ¥869.6 billion, or 22.0% of consolidated net sales.
How to produce:
(Canon)
"Production of components for inkjet printers. We seek to raise the bar in the manufacturing of high-quality products while striving to improve production efficiency. Master craftsmen, who hand down skills that are indispensable to Canon’s manufacturing ethos."
"Master craftsmen, who hand down skills that are indispensable to Canon’s manufacturing ethos."
"At Japan’s National Skills Competition in 2018, our technicians submitted an entry in the precision instrument assembling category. Canon has
collected prizes at this competition for fourteen successive years since
2005."
Owner and controller of production:
Some brands of consumer electronics include:
Canon
Fujifilm
Sony
Panasonic
Nintendo
Export Locations:
Although Japan has made the most exports towards the United States, China, and Korea, they still export their products all around the world.
Growth of Economy
Japan's economical growth has definitely grown over the years. Their economy has now reached third in the world, behind the United States and China, growing at an annualised rate of 2-3 percent by global demand.
Efficiency of Utilization:
(Canon)
Cameras have been proven to be effective to many people especially nowadays, which people are looking to take higher quality portraits.