When did the Tokugawa shogunate establish its capital in Edo?
The Tokugawa shogunate established its capital in Edo in 1603. This event initiated a period of internal economic development that lasted over two centuries.
Questions about Economy of Japan
Short answers, pulled from the story.
What was the population of Edo by the mid-18th century?
Edo had grown to house more than one million people by the mid-18th century. Osaka and Kyoto each supported populations exceeding 400,000 inhabitants during this same time.
How many Red Seal Ships did Japan build for intra-Asian commerce?
Japan built around 350 Red Seal Ships for intra-Asian commerce. These vessels were used while Japanese adventurers like Yamada Nagamasa were active throughout Asia.
When did the Meiji Restoration occur and what education system followed it?
The Meiji Restoration occurred in 1868 when leaders inaugurated a new Western-based education system for all young people. They sent thousands of students to Europe and the United States and hired more than 3,000 Westerners to teach modern science and mathematics.
What year did the Japanese asset price bubble burst and what followed?
The Japanese asset price bubble of the early 1990s burst, triggering a prolonged period of economic stagnation marked by deflation and persistently low or negative growth. From 1995 to 2023, the country's GDP fell from $5.5 trillion to $4.2 trillion in nominal terms.
When was the Tokyo Stock Exchange merged with the Osaka Stock Exchange?
The Tokyo Stock Exchange and the Osaka Stock Exchange merged on the 1st of January 2013. This merger created one of the world's largest stock exchanges.