Scribd Logo
Upload

Welcome to Scribd!

  • 231 views

    Meiji Era Economic Copy 2

    Uploaded by

    api-298392554
    The document summarizes key economic developments in Japan during the Meiji Era from 1868 to the 1930s. It focuses on Japan's industrialization efforts including establishing a national currency and modernizing its economic system in the 1860s. Major developments included stripping power from wealthy landowners, promoting industry and commerce in the 1870s, establishing the first bank and joint stock company in 1873, adopting a gold standard in 1871, and experiencing monetary confusion and inflation in the late 1870s. The Bank of Japan was established as the central bank in 1882. Japan regained tariff rights in 1899 and entered World War I in 1914-1918, but experienced an economic crisis in 1920 and the Great Depression from 1929-1939.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Meiji Era Economic Copy 2

    Uploaded by

    api-298392554
    231 views1 page
    The document summarizes key economic developments in Japan during the Meiji Era from 1868 to the 1930s. It focuses on Japan's industrialization efforts including establishing a national currency and modernizing its economic system in the 1860s. Major developments included stripping power from wealthy landowners, promoting industry and commerce in the 1870s, establishing the first bank and joint stock company in 1873, adopting a gold standard in 1871, and experiencing monetary confusion and inflation in the late 1870s. The Bank of Japan was established as the central bank in 1882. Japan regained tariff rights in 1899 and entered World War I in 1914-1918, but experienced an economic crisis in 1920 and the Great Depression from 1929-1939.

    Original Title

    meiji era economic copy 2

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document summarizes key economic developments in Japan during the Meiji Era from 1868 to the 1930s. It focuses on Japan's industrialization efforts including establishing a national currency and modernizing its economic system in the 1860s. Major developments included stripping power from wealthy landowners, promoting industry and commerce in the 1870s, establishing the first bank and joint stock company in 1873, adopting a gold standard in 1871, and experiencing monetary confusion and inflation in the late 1870s. The Bank of Japan was established as the central bank in 1882. Japan regained tariff rights in 1899 and entered World War I in 1914-1918, but experienced an economic crisis in 1920 and the Great Depression from 1929-1939.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    231 views1 page

    Meiji Era Economic Copy 2

    Uploaded by

    api-298392554
    The document summarizes key economic developments in Japan during the Meiji Era from 1868 to the 1930s. It focuses on Japan's industrialization efforts including establishing a national currency and modernizing its economic system in the 1860s. Major developments included stripping power from wealthy landowners, promoting industry and commerce in the 1870s, establishing the first bank and joint stock company in 1873, adopting a gold standard in 1871, and experiencing monetary confusion and inflation in the late 1870s. The Bank of Japan was established as the central bank in 1882. Japan regained tariff rights in 1899 and entered World War I in 1914-1918, but experienced an economic crisis in 1920 and the Great Depression from 1929-1939.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 1

    Pichayathida Siriwechdarak (Bee) & Yonlada Nawilaijaroen (Mai)

    Meiji Era Economics


    Main focus >>>
    INDUSTRIALIZATION

    Government &
    companies are
    closely related

    ZAIBATSU =
    large family
    business

    1868 - Meiji restoration:


    establishment of "Yen"
    Economics modernization

    1860 - Treaty of Kanagawa:


    open trade with the West
    (free trade)

    1860s

    1869 - Strip Daimyos power:


    fixed percentage land tax
    1870 - Shokusan
    Kogyo

    1871 - establish of gold standard


    system in Japan

    1873 - Dai-ichi Kangyo:


    first bank & joint stock
    company

    1870s
    1875-1879 - Issue of the
    Japanese notes:
    Started using printed money

    Late 1870s - Monetary


    confusion and inflation
    1880s

    1882 - Central bank:


    Bank of Japan is established.
    1890s
    1910 - Korea became
    colony of Japan.

    Early 1880s - Matsukata


    deflation

    1899 - Regained tariff rights:


    Tariffs were collected.

    1910s
    1914-1918 - Japan joined WWI.
    1920s

    1930s

    1920 - Japan entered economic crisis.

    1929-1939 The Great Depression

    Daimyo
    rich people, mostly
    are the lords

    Tariff
    tax that use to
    restrict trade

    Joint stock company


    a company that people get
    profit based on amount of
    share they hold

    Shokusan Kogyo
    policy to promote
    national wealth and
    power

    Inflation
    increase in general
    price level

    Deflation
    decrease in general
    price level

    Gold Standard
    The unit of money based
    on the amount of gold

    Great depression
    Global economic
    downfall

    Central bank
    A state bank that
    government could regulate
    industrial growth.

    You might also like