Question

ziabastu group and it's role in Japan economy​

Answer 1

Ziabastu group

Explanation:

• The Meiji government ordered a new administrative structure by abolishing Feudalism in Japan.
• Meiji reforms were to modernize the economy.
• In 1872, banking institutions launched.
• Zaibatsu (business families) dominated the economy by operating companies in all important areas in Japan.
• Zaibatsu was the wealthy clique who controlled a large number of industries and business through conglomerates before the Second World War.

Learn More:

What is the term Meiji restoration? And explain what were the Meiji reforms.

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