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| 1. |
Japan was considered rich. Why? |
| Answer» <html><body><p></p>Solution :Japan was considered rich because of the following: <br/> (i) Japan imported luxury goods like silk from China and <a href="https://interviewquestions.tuteehub.com/tag/textiles-1243362" style="font-weight:bold;" target="_blank" title="Click to know more about TEXTILES">TEXTILES</a> from India.<br/> (ii) <a href="https://interviewquestions.tuteehub.com/tag/imports-1038826" style="font-weight:bold;" target="_blank" title="Click to know more about IMPORTS">IMPORTS</a> of gold and silver <a href="https://interviewquestions.tuteehub.com/tag/strained-1228687" style="font-weight:bold;" target="_blank" title="Click to know more about STRAINED">STRAINED</a> the economy. It led Tokugawa to impose restrictions on the export of precious metals.<br/> (iii) Japanese also took steps to develop the silk industry in Nishijin in Kyoto. It was done to reduce imports. The silk of Nishijin is considered to be the best in the world.<br/> (iv) Increased use of money and the creation of a stock market show that the economy was developing at <a href="https://interviewquestions.tuteehub.com/tag/fast-456451" style="font-weight:bold;" target="_blank" title="Click to know more about FAST">FAST</a> <a href="https://interviewquestions.tuteehub.com/tag/pace-1145266" style="font-weight:bold;" target="_blank" title="Click to know more about PACE">PACE</a>.</body></html> | |