Why was capitalism seemingly more successful in Japan than in China in the early modern era?

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Ans: The long period of peace under the Tokugawa shogunate made possible a dramatic rise incommerce and manufacturing, especially in the growing Edo, Kyoto, and Osaka. The growth of trade and industry was stimulated by a rising standard in living, which was driven in part by technological advances in agriculture and an expansion of arable land—unlike china and its mountainous land—and the voracious appetites of the aristocrats for new product. During China’s time for capitalism living standards were low and advances

were not as technologically effective. The Japanese also had a system that would control and facilitate government control and the collection of taxes, unlike the Chinese. Eventually, the increased pace of industrial activity spread beyond the cities into rural areas. Some historians view the Tokugawa era as the first stage in the rise of capitalism.

History

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Which of the following reflects dualism in practice?

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What is the hands-off approach to economic development called?

A) laissez-faire B) mercantilism C) capitalism D) libertarianism E) socialism

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a. true b. false

History