Abolition of Feudalism: The compensation package for the daimyos (feudal lords) was in the form of a pension amounting to one-tenth of the revenue they would have derived from their fiefs. In some cases, it included the debts incurred by them. In any case the one-tenth compensation was indeed higher than the nominal income […]
Read More »Introduction: The Meiji Restoration also known as the Meiji Ishin, Renovation, Revolution, Reform, or Renewal, was an event that restored practical imperial rule to Japan in 1868 under Emperor Meiji. Although there were ruling Emperors before the Meiji Restoration, the events restored practical abilities and consolidated the political system under the Emperor of Japan after […]
Read More »POST-WAR JAPAN After the First World War, Japan found herself alone. Countries like Soviet Union, Germany and China grudged Japan because she had deprived them of their territories. The victor Allies had also lost their faith in Japan, therefore, they emphasized upon Japan to sign the nine power treaty in 1922 A.D. Rapid industrialization of […]
Read More »FIRST WORLD WAR AND JAPAN Before the outbreak of the First World War, Japan had established control on several countries including Korea and Sothern Manchuria. She had also attained a lot of economic property. The tendency of capitalism was increasing in Japan and she was planning to establish her economic empire in China. The First […]
Read More »CONTRIBUTION OF JAPAN IN THE SUPPRESSION OF BOXER REBELLION A reformative rebellion known as Boxer revolt also broke out in China. The young emperor led this movement with the support of militant party to save the country from western influence and supremacy. This militant party was also known as Boxer. They made an invasion on […]
Read More »The tradition of militarism in Japan was quite ancient. The system of allotment of fief to the officer and civil servants was prevalent in Japan for their maintenance. As a result feudalism emerged in Japan whose chief job was military service. In the 12th century during the regime of Yoritoma, era of powerful lords came […]
Read More »Impact Of Depression On American History The depression had a deep impact on the history of United States. Another result of depression was that people’s faith in democracy capitalism was shaken, and a large number of people showed willing to forego freedom in the hope of economic security. They started looking with favour […]
Read More »Efforts to fight depression When the depression started in 1929 majority of the American Treaty is lightly and compared it with a hurricane or a blizzard which would soon pass. Hoover also believe that depression was caused by fear and try to restore confidence in the people by pointing out that ‘Prosperity is just […]
Read More »Causes of depression The Economist and historians have not yet been able to reach an agreement regarding the cause of the depression. Some say that the depression was primarily an American phenomenon and the economic setback suffered by other countries steamed largely from the policies adopted in United States. They hold that the European […]
Read More »Hoover and depression “We in America today are nearer to the final, triumph over poverty than ever before in the history of any land”. Hoover Birth- West Branch, Lowa in 1874 lost his parents at the age of 10 he was brought up by his uncle Studies- mining engineering from Levland Stanford University When the […]
Read More »