SustainabilityJapan held onto the title of the world’s second largest economy for more than 40 years from 1968 to 2010. Tokyo, Japan’s capital city is the world’s largest metropolitan area with a population of 32.5 million people. The city of Tokyo manages the whole of japan’s finance centre. is known for ‘light industry’ which means producing things like books and electronics.
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EconomicsTokyo is one of the world's most important places for economic activity. It has been the centre of manufacturing activity for a long time. Since the 1970’s, Tokyo has experienced a boom in industries such as finance and trade, and most large companies have their headquarters in the city centre, and the electronics industry is vital to the cities economics. These industries all rely on the TSE, or Toyko Stock Exchange, which is one of the largest exchange centres in the world.
There was an economic boom in the 1980’s, and all the prices went up, meaning lots of people struggled with paying for houses and transport, although this is no longer a problem, there was no solution. Tokyo today has many banks, spread all across Asia. Tokyo is vital the global stock exchange industry, and many people move to Tokyo in order to work in this industry. |