Friday, April 10, 2020

Growth in Some Industries: How about in Japan Too?

https://www.researchandmarkets.com/issues/covid-19?utm_medium=CI&utm_source=covid19&utm_campaign=cils16

Comments and Ideas:
In a market economy there are always going to be some industries, at any one time, that do better than others. There are always going to be some companies, at any time, are always going to do better than others.

The virus situation or any situation, is always going to see innovations, new products, new services, and even new industries emerge. And of course, unfortunately, the opposite. As we see already, there are many challenges to economies around the world. Japan is no different. But now many of the industries listed in the article are now growing.

Most likely there are large increases in online shopping/buying. Maybe even new companies beginning to emerge. Most likely restaurants are now beginning to offer delivery type services.

They don't have to use or employ their own delivery workers. They can use a delivery service that has an app and when an delivery order comes to the restaurant, the delivery service comes and picks up the order and delivers it for the restaurant.

It works for everyone, the customer, the restaurant, and the delivery service.

And most likely even more innovations in the Japanese economy and society are developing now, as the situation becomes challenging.

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