Japan is one of the major economic powers of the modern world, it currently has the third greatest economy in the entire world right behind The USA and China despite the fact that it is a small area country.
Among the long history of Japan, it has had three particular economic and political periods. The first period is Edo period which began in 1603, and ended in 1868. The Meiji period began right after Edo period with enthroning of Emperor Meiji. After the unconditional surrender of Japan at the end of World War II in 1945, Japan had begun the third period which is the post-war period. The position of Japan relative to the Asian mainland and the cultural philosophies that the Japanese apply to their economy had probably played a huge role in the country’s development.
In the Edo period, in order to control the overall situation smoothly, Tokugawa Shogunate strongly limit the mobility of the class and people. Therefore, Tokugawa Shogunate attached the importance to agriculture, with the purpose of the vast majority of people to maintain their agricultural land, and limit the business by forcing the businessmen to do the donations to Shogunate. The Shogunate's main income was the high taxes (about 40% of the harvest of rice) that levied from people. Furthermore, Tokugawa Shogunate had …show more content…
Since the income from the agricultural was low, the farmers would ignore the prohibition by Tokugawa Shogunate once they faced the difficulties. They moved to the city and engaged in trade. In the 19th century, Japan has gradually developed a large industrial and commercial population as well as some fighters (Hanshi) to resist with Tokugawa Shogunate. They began to organize, and tried to contact with the emperor to withstand the Tokugawa Shogunate. This organization had successfully realize the Meiji Ishin (revolution of Japan) and the led to the beginning of Meiji period in the mid- 19th