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Japanese Industrialization - Part 3
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This lesson discusses Japanese industrialization

Nandini Maharaj is teaching live on Unacademy Plus

Nandini Maharaj
MA in Applied Human Rights from Sheffield Hallam University, BA (Hons.) History from LSR, reader, dancer, love to teach, AIR 42 in 2018 UPSC

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  1. INDUSTRIALISATION IN JAPAN PART 3 BY NANDINI MAHARAJ


  2. THE MEIJI ERA Central government reforms in education, finance and transportation: The freshly minted Ministry of Education promoted compulsory primary schooling for the masses and elite university education aimed at deepening engineering and scientific knowledge. -The Ministry of Finance created the Bank of Japan in 1882, laying the foundations for a private banking system backed up a lender of last resort.


  3. The Bank of Japan used taxes to fund model steel and textile factories. The government began building a steam railroad trunk line girding the four major islands, encouraging private companie:s to participate in the project. .Esp. importance: a Tokaido line -connecting the Tokyo/Yokohama region to the Osaka/Kobe (the merchant capital of Japan) conurbation along the Pacific coastline of the main island of Honshu, to creating deepwater harbors at Yokohama and Kobe that could accommodate deep-huilled steamships.


  4. Merchants in Osakatheir turned to harnessing steam and coal, investing heavily in integrated spinning and weaving steam-driven textile mills during the 1880s


  5. Diffusion of best-practice agriculture: The nationwide diffusion of seed varieties spearheaded a substantial improvement in agricultural productivity -Simultaneously, expansion of agriculture (using traditional Japanese technology) and manufacturing (using imported Western technology) resulted.


  6. Balanced growth: -Traditional and modern technology using sectors grew at roughly equal rates Labor flowed back and forth between rural and urban Japan -wages were roughly equal in industrial and agricultural pursuits


  7. Thank you :) Follow me at https://unacademy.com/user/NandiniMaharaj Please do rate, review and recommend!