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Meiji Strategy for Economic Growth
Meiji Strategy for Economic Growth
The Meiji government during the 1880's created both an
institutional and constitution structure that allowed Japan in the
coming decades to be a stabile and industrializing country. Two major
policies and strategies that reinforced stability and economic
modernization in Japan were the creation of a national public
education system and the ratification of the Meiji constitution. Both
these aided in stability and thus economic growth.
The creation of a national
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Japan and its
constitution provided a stable government with its mix of oligarchy,
monarchy, and a little democracy for the wealthy. It ensured investors
and the Zaibutsu a say in government and promoted growth by creating a
stabile government that was critical to ensuring investors will put
capital in businesses. Both the new education and governmental
structure of Japan passed in the 1880's and 1890's was essential to
Japanese stability and economic and industrial growth.
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