Economic Revival: Levying the Agricultural Tax
Amidst the sweeping reforms of the Meiji period, modernizing the economy emerged as a crucial endeavor. One significant measure was the introduction of an agricultural tax, which provided the necessary funds to kickstart Japan’s economic transformation.
Chapter 7: Modernising the Economy| Class 11 History Notes
The Meiji Restoration of the late 19th century heralded a period of profound transformation in Japan, marked by a relentless drive towards modernization across various spheres. Among its most pivotal endeavors was the modernization of the economy, a strategic initiative aimed at propelling Japan into the ranks of global economic powerhouses.
In this article, we delve into the intricacies of Japan’s economic modernization during the Meiji era, exploring its key initiatives, challenges, and enduring legacies.