After the late 70 s, the Japanese economy underwent what kind of transition? Government repaired infrastructure. Students became much more serious about their studies. Economic growth slowed.
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After the late 70s, Japan experienced a significant economic transition characterized by a slowdown in rapid growth, shifting from being a manufacturing powerhouse to focusing more on technology and services. The economic bubble of the late 1980s led to increased investment in high-tech industries, setting the stage for Japan's role as a leader in innovation. Additionally, this transition also saw a greater emphasis on corporate restructuring and efficiency. Companies began to adopt new business practices, incorporating elements of lean manufacturing and just-in-time production, which later influenced global manufacturing standards and practices, showcasing Japan’s adaptability in a changing economic landscape.