How did the discovery of silver mines in Japan impact Japanese fortunes?
a. The ruling shogunate isolated Japan even more, fearing that greedy Europeans would conquer and enslave Japanese for their silver as in the Andes.
b. The ruling shogunate used the silver to buy a large military and luxury goods for the elites, but did nothing to help commoners.
c. The ruling shogunate wisely invested wealth from the mines to create a sustainable market-based economy and ecology.
d. The ruling shogunate disintegrated into civil war and anarchy as factions fought over control of the silver mines.
Answer: c. The ruling shogunate wisely invested wealth from the mines to create a sustainable market-based economy and ecology.
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