Economy, Mining and Manufacturing
ship production, manufacturing output, fabricated metal products, electrical machinery, stagnation
Japanís mineral resources are tiny, and the country is almost entirely dependent on imports. Among the minerals mined in Japan are limestone, coal, copper, lead, and zinc.
As in all maturing modern economies, Japanís manufacturing sector has decreased in importance. Manufacturing also suffered from the stagnation of the 1990s. Between the early 1990s and 1996, 850,000 manufacturing jobs were eliminated; it was estimated that at least one million more were lost by 1998. As of 1996, automobile production had fallen by 17 percent and ship production by 24 percent. That year, manufacturing output comprised 25 percent of GDP, down from 28 percent in 1990 and 36 percent in 1970. Factory workers represented 24.4 percent of the labor force, down from 26.3 percent in 1990 and 28.7 percent in 1970.
In 1996 Japanís leading manufacturing industries included general and electrical machinery, food and beverages, transportation equipment, chemicals, fabricated metal products, iron and steel, and publishing and printing. Japan is among world leaders in production and export of automobiles, steel, ships, machine tools, and electronic equipment.
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