The government's goal of raising the standard of living is a
crucial factor in a country's economic success. This promise is particularly
attractive in underdeveloped nations. The standard of living refers to the
economic condition of a society. In industrialized nations, people enjoy
full employment, access to food, clothing, shelter, and luxury items such as
cars, television, and phones. Economists calculate this condition by
measuring the amount of food and milk consumed, the type of clothing
purchased, and other factors.
Industrialization is the key to achieving a high standard of living. In
primitive societies, agriculture was the primary industry, and people
produced only enough for their own consumption. However, in industrialized
nations, all natural resources are exploited, and various industries become
complementary and supplementary to one another. With the establishment of
one industry, others are created. The building and transportation
industries, for example, are concomitant with any major industry, and
utilizing by-products becomes a major industry. As industrialized societies
become more complex, labor, political ideologies, and unrest can pose
formidable problems.
Japan is a prime example of a highly industrialized nation that has made
significant progress within two decades. Despite being devastated after
World War II, Japan rebuilt itself and became one of the world's few
economically strong nations. Japan has mastered modern technology, and its
exports show a favorable balance over imports. From a nation of toy makers,
Japan has become a leader in electronics, electrical motors, optical
industries, and shipbuilding. There is little unemployment, and Japan's
sound economy has helped it prevent the spread of communism.
In conclusion, Japan's post-war progress is a clear example of the
relationship between industrialization and a high standard of living. |