Japan has few natural resources but it one of the most highly developed economies in world despite its recent economic troubles. What best explains this achievement?

Despite its recent economic troubles, Japan has managed to remain one of the most highly developed economies in the world. This achievement can be attributed to a number of factors, including:

- A highly educated and skilled workforce. Japan has one of the highest literacy rates in the world, and its education system is consistently ranked among the best in the world. This has given Japanese workers a competitive advantage in the global marketplace.

- A strong manufacturing base. Japan is home to some of the world's largest and most technologically advanced manufacturing companies. These companies have helped to make Japan a leader in industries such as automobiles, electronics, and steel.

- A culture of innovation. Japan has a long history of innovation, dating back to the Edo period (1603-1868). This tradition of innovation has continued to this day, and Japanese companies are constantly developing new products and technologies.

- A strong government-business relationship. The Japanese government has played a key role in supporting the country's economic development. The government has provided financial assistance to businesses, invested in infrastructure, and created a favorable regulatory environment.

- A strong domestic market. Japan has a large and wealthy domestic market, which provides a stable demand for goods and services. This has helped to insulate the Japanese economy from global economic downturns.

In conclusion, Japan's success as a highly developed economy is due to a combination of factors, including a highly educated workforce, a strong manufacturing base, a culture of innovation, a strong government-business relationship, and a strong domestic market.