Industrialization in Japan and the Growth of Capitalism (1868-1912 AD)

Document Type : Academic scientific reviews of any other material related to the main domains of this Journal.

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Faculty of Arts - Aswan Unuversity - Aswan

Abstract

Japan has known many handicrafts since ancient times, most of which were made in the homes of farmers and peasants, and production was almost enough for the population's needs, but with the beginning of the Meiji era (1868-1912 AD) - the beginning of the modern era in Japan - development and modernization began to enter all industrial and commercial aspects in the country. The reforms of the Meiji government were characterized by a new idea through the trend towards industrialization and capitalist growth side by side, and reaching what advanced Western countries have achieved in a few years, and achieving these hopes required a sound financial base. Japan established many modern industries, and pledged them with various assistance until some of them were able to develop and expand outside the borders of Japan itself, and even gained a good reputation internationally, such as the cotton and silk textile industry. The Japanese state began to implement its policy by playing an effective and positive role in the prosperity of the industrial movement; it established projects in vital sectors. The government relied on several sources to finance these economic projects, including - for example - banks and financial loans to establish industrial projects.

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