Monday, November 21, 2011

How was japan's economy during the 1880s?

Question:




Answer:


1880~1890 is bad.
In japan, this bad economic situation is known as Matsukata deflation.

Matsukata Finance minister managed to cause deflation.
This background was massive Inflation occurred after The Satsuma Rebellion.
Government of Meiji was churning out bills for the war funding.

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