Group Assignment 2 - Productivity of US and Japan

Group Assignment 2 - Productivity of US and Japan - Reasons...

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Reasons for high productivity in US and Japan. Productivity is the amount of goods and services produced per input used and can be measured in many factors for example, labor, energy, capital etc. The company’s productivity mainly comes after looking at how much it has been able to produce based on the amount of input used. Companies’ productivity leads to country’s overall productivity. The US and Japan occupy the top two spots respectively in terms of high productivity and rapid economic growth. There are many factors which have accelerated this phenomenon as seen below. The cultures of these two countries have contributed to their high productivity. Japanese people at a glance are hardworking with high passion for their work. Post-war, Japan has evolved from its Jomon culture to a hybrid culture with influences from Asia, Europe and North America. The US has a different culture because of its cosmopolitan nature. With different sorts of traditions and values in place, the US have managed to come up with a spirit of hard work through learning what others do, and the fact that human beings are always competing. On the whole, high productivity and economic growth can be attributed to hard work . As the saying goes, development doesn’t come from laziness but
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This note was uploaded on 04/09/2009 for the course MISC Misc taught by Professor Misc during the Spring '07 term at SUNY Plattsburgh.

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Group Assignment 2 - Productivity of US and Japan - Reasons...

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