Japanese Econ Exam 2
In which of the following ways were the four firms who made up the Zaibatsu alike? I. Internal Bank II. Vertically Integrated III. Horizontally Integrated IV. Originated as merchant houses A. I, II, and IV B. I, II C. II, III, and IV D. I, II, and III E. Each of the firms were distinctly unique in business structure
D. I, II, and III
During the Toyokawa Era, what was the order of the caste system from highest to lowest importance? A. Daimyo, Shogun, Samurai, Artisans, Merchants, Farmers B. Shogun, Daimyo, Artisans, Samurai, Farmers, Merchants C. Shogun, Daimyo, Samurai, Merchants, Artisans, Farmers D. Shogun, Daimyo, Samurai, Artisans, Farmers, Merchants E. None of these are in the correct order
D. Shogun, Daimyo, Samurai, Artisans, Farmers, Merchants
Which of the following are NOT one of the 10 necessities for a country to become an economic power? A. Absence of agricultural shortage and surplus B. Low % of population in the middle class C. Sophisticated financial system D. Political Stability E. Both A and B
E. Both A and B
What is the general premise of Mercantilism? He who has the most gold wins He who dominates in ocean trade wins He who conquers the most land wins He who prays every morning will descend to heaven He who works harder than his co-worker will get a promotion
He who has the most gold wins
What is NOT a factor that helped entrepreneurial activity in the age of initiative within Japan? State guidance Encouragement via subsidies Stock options in non tangible assets Political stability Stimulation via foreign trade
Stock options in non tangible assets
In class, Mr. Stapp mentioned "Mercantilism", what does it mean when looking at Japanese economics? a) "He who has the most gold" b) "He who has the most value" c) "He who has the biggest land" d) "He who has the best army"
a) "He who has the most gold"
What does Isolation really give Japan in the 1600s? a) Racial homogeneity. Reinforced pride in their country due to almost no minorities, 99% of population is Japanese b) A lot more tourists c) Invasion from China d) Disease and Famine from invaded foreigners. e) Economic Poverty within the population.
a) Racial homogeneity. Reinforced pride in their country due to almost no minorities, 99% of population is Japanese
1616-1868, What Era in Japan was that and what happened during that Era? a) Tokagala/ Edo Era, preserving the status Quo. Certain families retain their wealth for 250 years. b) Muromachi Period. The emperor Go-Daigo was able to restore imperial power in Kyoto c) Kamakura Period. Good invasion Period. d) Nara Period. First permanent Japanese Capital is established modelled after a Chinese capital e)Early Japan.
a) Tokagala/ Edo Era, preserving the status Quo. Certain families retain their wealth for 250 years.
Japanese are very accepting of different religions. a) True b) False
a) True
Fukoku kyohei roughly translates to what? a. "Rich country, strong army" b. "Rich country, strong government" c. "More production, more wealth" d. "More production, more trade" e. None of the above.
a. "Rich country, strong army"
Which quote commonly ties hand and hand with the term Mercantilism? a. "he who has the most Gold wins" b. "he who has the most Silver wins" c. "he who does NOT have the most Gold wins" d. "he who does NOT have the most silver wins" e. "he who has the most Gold and Silver wins"
a. "he who has the most Gold wins"
Explain how the Dutch decreased Japan's purchasing power and money supply in terms of the cross-exchange rate. a. 15 foreign silver to 15 Japanese silver to 3 Japanese gold; With this cross-exchange of currency, the Dutch came to Japan with 1 foreign gold (in the foreign silver equivalent), and left with 3 foreign gold. b. 15 foreign silver to 30 Japanese silver to 6 Japanese gold; With this cross-exchange of currency, the Dutch came to Japan with 1 foreign gold (in the foreign silver equivalent), and left with 6 foreign gold. c. 30 foreign silver to 15 Japanese silver to 3 Japanese gold; With this cross-exchange of currency, the Dutch came to Japan with 2 foreign gold (in the foreign silver equivalent), and left with 3 foreign gold. d. 15 foreign silver to 15 Japanese silver to 15 Japanese gold; With this cross-exchange of currency, the Dutch came to Japan with 1 foreign gold (in the foreign silver equivalent), and left with 15 foreign gold. e. 3 foreign silver to 3 Japanese silver to 3 Japanese gold; With this cross-exchange of currency, the Dutch came to Japan with 1 foreign gold (in the foreign silver equivalent), and left with 3 foreign gold.
a. 15 foreign silver to 15 Japanese silver to 3 Japanese gold; With this cross-exchange of currency, the Dutch came to Japan with 1 foreign gold (in the foreign silver equivalent), and left with 3 foreign gold.
For the cross exchange rate, 1 Japan Gold is the equivalent of __ Japan silver? a. 5 b. 1 c. 2 d. 10 e. 20
a. 5
In 1873, how much revenue came from land/property taxes as a result of a big-time land-tax reform? a. 90% b. 80% c. 70% d. 60% e. 20%
a. 90%
What is the premise of the Zaibatsu? a. A few firms that dominated the Japanese Economy and got favorable treatment from the government b. Anti-business organization that protests monopolies c. Rice farmers that dominated the agriculture market d. Baptism of children in Japan that is backed by the government e. Word for trading with foreign countries
a. A few firms that dominated the Japanese Economy and got favorable treatment from the government
What is a necessity for a country to become an dominant economic power? a. Agrarian Surplus b. Strong presence of religion c. Community organizations d. Chambers of commerce e. Biggest player in the NASDAQ
a. Agrarian Surplus
What is the Treaty of Kanagawa? a. An agreement by Japan with America that Japan would open two ports to the U.S. and assist shipwrecked sailors b. An agreement by rival political factions of Japan to end the shogunate and restore power to the emperor c. An agreement between Japan and Russia to end the Russo-Japanese war d. An agreement between Japan China to end the Sino-Japanese war e. An agreement to cede parts of northern Japan to Russia to end the Russo-Japanese war
a. An agreement by Japan with America that Japan would open two ports to the U.S. and assist shipwrecked sailors
Which U.S. State produces the most copper? a. Arizona b. New Mexico c. Nevada d. Colorado e. Texas
a. Arizona
What is the one central commonality between Zaibatsu? a. Central banking system b. Same products c. Share employees d. File/data sharing e. Same export partners
a. Central banking system
What was the result of the First Sino-Japanese War in 1895? a. China cedes recognized the independence of Korea and ceded territory b. The Chinese government is successfully toppled, and a puppet government is instituted c. China ceded territory but recognizes it as contested d. Japan then invades the Philippines e. Japan razes Beijing to the ground
a. China cedes recognized the independence of Korea and ceded territory
1. There were 6 castes in the Shino-Kosho-Caste system in place from 1600-1800s. What was the order of the castes from highest importance to lowest importance? a. Emperor/Shogun, Daimyo, Samurai, Artisans, peasants/farmers, merchants b. Samurai, emperor/shogun, daimyo, artisans, peasants/farmers, merchants c. Emperor/Shogun, Samurai, Daimyo, Artisans, peasants/farmers, merchants d. Merchants, emperor/shogun, samurai, artisans, daimyo, peasants/farmers e. Daimyo, Merchants, emperor/shogun, samurai, artisans, peasants/farmers
a. Emperor/Shogun, Daimyo, Samurai, Artisans, peasants/farmers, merchants
Mitsui, Sumitomo, Mitsubishi, and Yasuda were all firms that had one thing in common. What was it? a. Forming their own banks b. Stealing from merchants to gain access to capital necessary to start the business c. They all fell out of favor with the emperor shortly after their formation d. They only hired Japanese men with significant wealth e. They were formed by family members of the emperor
a. Forming their own banks
What was debasing in Japan and why was it done? a. Gold coins became plated instead of solid because exchange rates drained Japan of its gold. b. Gold coins became plated instead of solid because the government wanted to press more detailed images onto its currency. c. Gold coins were replaced with solid silver coins because the gold was for the government. d. Silver coins were plated instead of solid because gold was the primary currency. e. Gold and silver were no longer used as currency and were replaced by copper.
a. Gold coins became plated instead of solid because exchange rates drained Japan of its gold.
Which region of Japan did the daimyos have a slight advantage relatively compared to others and why? a. Kyushu, had the only port with contact to the western world's ideas and trade b. Kanto, where Edo was located and therefore held strong military and political influence c. Okinawa, close proximity to mainland China d. Hokkaido, large piece of isolated land that was rich in agricultural soil e. Kansai, major area with Nara and Kyoto located within it and on the Tokaido road
a. Kyushu, had the only port with contact to the western world's ideas and trade
In 1853, a commodore was sent by the U.S. president to negotiate with Japan regarding their isolationist policies. Who was the commodore and what did he do at Edo Bay? a. Matthew Perry fired canons from 4 war ships at Edo Bay. b. Matthew Perry landed peacefully at Edo Bay and met with the emperor to discuss trade relations. c. Franklin Pierce fired canons from 4 war ships at Edo Bay. d. Franklin Pierce landed peacefully at Edo Bay and met with the emperor to discuss trade relations. e. None of the above.
a. Matthew Perry fired canons from 4 war ships at Edo Bay.
What is the term for a single buyer having incredible power in a market? a. Monopsony b. Monopoly c. Scale of Production d. Leverage e. Japanese corporate model
a. Monopsony
Currently, what is the unemployment rate in Japan and how do the Japanese feel about it? a. 5%, way too high as it is only slightly less than the US's b. 2%, way too high for Japanese standards although really good compared to other major countries c. 5%, good since it is better than a large percentage of countries- including the US d. 1%, Really good for Japanese standards and one of the lowest in the world e. 2%, good for Japanese standards and really good compared to other major countries
b. 2%, way too high for Japanese standards although really good compared to other major countries
Monetary reform was one of the reforms fulfilled during the Meiji Restoration. Which entity was the only one to receive the authority to print money? a. Tokyo Monetary System b. Bank of Japan c. Mitsubishi Bank d. Tokyo Stock Exchange e. Edo Bank of Commerce
b. Bank of Japan
Which flower is represented on the Imperial Seal of Japan? a. Japanese Apple Blossom b. Chrysanthemum c. Japanese Morning Glory d. Rose e. Iris
b. Chrysanthemum
Which of these people was a famous Japanese entrepreneur who founded his own electric company? a. Ieyasu Tokogawa b. Matsushita Konosuke c. Matthew C Perry d. Oda Nobunaga e. Marco Polo
b. Matsushita Konosuke
The largest monopolized industry in the 1600-1700s was... a. Cotton b. Mining c. Rice d. Coal e. Paper
b. Mining
Himeji castle was forcibly built in 1603 and was deemed the ________ castle. a. Tallest b. Perfect c. Most Ornate d. Worst e. Green
b. Perfect
In terms of Fukoku-Kyohei, what are the two reasons the Japanese believed they needed a strong military? a. Capitalism and Isolationism b. Protection and Global Influence c. Nationalism and Imperialism d. Protection and Capitalism e. Nationalism and Global Influence
b. Protection and Global Influence
The slogan of the Japanese people during the Meiji Restoration was "Fukoku-Kyohei" loosely translated as.... a. Conquer the West b. Rich country, strong army c. Country of the rising sun d. Peace is happiness, happiness is enough e. Strong mind, strong body
b. Rich country, strong army
Under the Tokugawa shogunate, what foreign policy was implemented that significantly impacted western influence within Japan and for how long did it last? a. Haijin, 158 years b. Sakoku, 214 years c. Haijin, 214 years d. Sakoku, 158 years e. Tsunago, 158 years
b. Sakoku, 214 years
What allowed Japan to become the leader in silk production? a. The government began producing a surplus of silk. b. Silk production in China stopped. c. Japanese silk is higher quality. d. Other countries began helping Japan's silk production by providing labor. e. Japan did not become the leader in silk production.
b. Silk production in China stopped.
The Meiji Era is also known as... a. The Great Revival b. The Great/Honorable Restoration c. The Japanese Renaissance d. The Time of Edo e. None of the above
b. The Great/Honorable Restoration
Which group within the Catholic Church sent missionaries to proselytize in Japan? a. The Benedictines b. The Jesuits c. The Franciscans d. The Cistercians e. The Carmelites
b. The Jesuits
In 1649, Japan experienced their first major famine. What did Tokugawa do in response? a. Tokugawa provided sufficient amounts of food for people by trading with the Dutch in Dejima. b. Tokugawa issued an edict that allowed people to eat the leaves and bark off of trees as their food source. c. Tokugawa supplied 1 koku of rice to each of his samurai. d. Tokugawa issued an edict that allowed people to farm and produce their own food sources. e. Tokugawa issued an edict that allowed only elite and high-class people to have access to food sources.
b. Tokugawa issued an edict that allowed people to eat the leaves and bark off of trees as their food source.
In Japan, what do Friday and Saturday represent? a) Friday is Bid Day and Saturday is Earth Day b) Friday is Women's day and Saturday is Men's day c) Friday is Gold day and Saturday is Earth Day d) Friday is Gold day and Saturday is Moon day
c) Friday is Gold day and Saturday is Earth Day
15 foreign silver = 15 Japanese silver = _________ = _________. a. 3 Japanese gold; 6 foreign gold b. 6 Japanese gold; 3 foreign gold c. 3 Japanese gold; 3 foreign gold d. 4 Japanese gold; 4 foreign gold e. 7 Japanese gold; 7 foreign gold
c. 3 Japanese gold; 3 foreign gold
Which group was most disproportionately affected by the late 1800s/early 1900s tax reforms? And how much of their income did they pay in taxes? a. City workers; 14% b. Samurais; 30% c. Farmers; 28% d. City workers; 28% e. Farmers; 30%
c. Farmers; 28%
One of the most unique practices of Japanese companies in order to gain access to capital as they began forming large companies in the 1800s was... a. Gambling large amounts of capital on samurai fights b. Borrowing money from private citizens in exchange for property taxes c. Forming banks that they could withdraw capital from as needed d. Selling off large plots of land owned by nobles interested in business e. Taking over large settlements previously owned by Daimyo clans
c. Forming banks that they could withdraw capital from as needed
Which U.S. president sent commodore, Matthew C. Perry, to Japan with all the navy ships that the United States had at the time? a. Andrew Jackson b. Thomas Jefferson c. Franklin Pierce d. Millard Fillmore e. James Buchanan
c. Franklin Pierce
What does the Japanese term Sakoku mean? a. Accessibility b. Abundance c. Isolation d. Mercantilism e. Economics
c. Isolation
The slogan of the Meiji Restoration was "Fokoku-Kyohei" meaning: a. Strong country, strong army b. Strong people, strong country c. Rich country, strong army d. Strong country, rich army e. Rich people, rich country
c. Rich country, strong army
Masterless samurai are known as... a. Artisans b. Merchants c. Ronin d. Legacies e. Meiji
c. Ronin
Which term was used for a "masterless samurai"? a. Ninja b. Daimyo c. Ronin d. Shogun e. Shinokosho
c. Ronin
6) What was the number one luxury export from Japan in the late 18th through the 19th century? a. Japanese Marble b. Wine c. Silk d. Sugar Cane (paper) e. Porcelain
c. Silk
Which of these products will become Japan's dominant export? a. Cotton b. Rice c. Silk d. Pottery e. Coal
c. Silk
What is the significance of the year 1853 pertaining to Japan? a. The remaining ninja clans within Japan went into a mass seclusion b. Dutch traders began operations in other major ports within mainland Japan c. The Perry Expedition arrived in the bay of Edo d. British ships also started arriving at the port of Nagasaki e. The late Tokugawa shogunate period ends
c. The Perry Expedition arrived in the bay of Edo
The firm Yasuda was well known for making large profits by purchasing and controlling what? a. The land of merchants b. The rice of farmers c. The railroad system d. The mailing system in Japan e. The livestock in Japan
c. The railroad system
How did Japan create "value-added" when it came to producing and exporting silk? a. They made exponentially more silk b. They started to ship all over the world c. They dyed the silk and created clothes with it before exporting d. They found different types of silk worms to create different types of silk e. None of the above
c. They dyed the silk and created clothes with it before exporting
How did the Japanese accumulate capital/manufacturing equipment in order to gain competitive advantage and accomplish large economies of scale? a. They built all of their capital and manufacturing equipment on their own. b. They already had enough capital and manufacturing equipment to accomplish large economies of scale. c. They used their foreign wealth from silk exports to buy capital and manufacturing equipment from Europe. d. Through the process of "seigniorage," they were able to buy capital and manufacturing equipment from Europe. e. Through the Treaty of Kanagawa, the U.S. agreed to trade capital and manufacturing equipment in exchange for Japan to establish more port locations.
c. They used their foreign wealth from silk exports to buy capital and manufacturing equipment from Europe.
In class, Mr. Stapp talked about what motivated Toyota (A Japanese car manufacturer) to be one of the biggest car manufacturers. What is the reason? a) Biggest car manufacturer was Ford (American) and didn't want to rely on foreign products anymore for imports. b) They wanted to create something unique to be in competition with China c) They wanted to be able to increase exports and Revenue into the country d) Only a and b e) None of the Above
d) Only a and b
What is the translation of Fukoku kyōhei? a. "One Nation, One People" b. "Revere the Emperor, Expel the Barbarians" c. "The Weak are Meat, the Strong Eat" d. "Enrich the Country, Strengthen the Armed Forces" e. "You must enter the Tiger's Cage to catch the Cub"
d. "Enrich the Country, Strengthen the Armed Forces"
What is true about the ronin and pertained to the isolation period of Japan? a. They frequently wandered the countryside b. Were masterless samurais c. Often denied becoming bandits/hired guns due to their honor code d. A & B only e. All of the above
d. A & B only
What integration can the Zaibatsu be described as? a. Horizontal b. Vertical c. Upside down d. Both A and B e. Sideways
d. Both A and B
During the Meiji Restoration, Japan reformed their education system to model which country? a. China b. US c. India d. Britain e. Sweden
d. Britain
What did the Ninjas use to leave messages for one another? a. Stacks of rocks b. Messages in the dirt c. Pen and paper d. Colored rice e. They didn't leave messages for one another
d. Colored rice
What is the second most produced good in Japan behind silk? a. Green tea b. Pottery c. Paper d. Cotton e. Rice
d. Cotton
The Treaty of Kanagawa was one of the major external factors that forced Japan to come out of isolation. Within the treaty, what three port locations did Japan and the U.S. agree on? a. Dejima, Tokyo, and Kyoto b. Dejima, Shikoku, and Hakone c. Dejima, Kawasaki, and Hakodate d. Dejima, Shimoda, and Hakodate e. Dejima, Shimoda, and Hokkaido
d. Dejima, Shimoda, and Hakodate
Under mercantilism, he who has the most ______ wins. a. Silver b. Resources c. Foreign products d. Gold e. Precious metals
d. Gold
A standout characteristic of the Japanese people is their ability to... a. Prioritize family over work b. Produce a vast quantity of food crops c. Quickly adapt major policies so they benefit what the people want d. Reverse-engineer major technologies e. Spend money frequently due to an unstable currency
d. Reverse-engineer major technologies
What group of people were among the first to question the power of Tokogawa Japan? a. Daimyos b. Farmers c. Merchants d. Scholars e. Emperor
d. Scholars
The practice of debasing in Japan began because of __________, and this practice led to _____. A. A decrease in money supply, inflation B. A decrease in money supply, deflation C. An increase in money supply, inflation D. An increase in money supply, deflation E. None of the above
A. A decrease in money supply, inflation
What is the main idea of the Meiji Era? A. Emperor is restored; shogun class is gone; major transformation and growth B. Slow down of industrialization; halt of innovation C. Stop of trade with other countries D. Religious reformation filled with introduction of Judaism to Japan E. Meiji Era happened in Europe, not Japan.
A. Emperor is restored; shogun class is gone; major transformation and growth
What is NOT an important resource to Japan? A. Japan imports everything B. Cement C. Glass D. Chemicals E. Coal
A. Japan imports everything
How does Japan experience major economic growth during the Meiji Era? A. Privatization- government starts it publicly and then will sell to wealthy families at basement levels. B. Encouragement to invest in only automobile companies C. Strictly through stocks, ETF's, NTFs, and bonds D. Through the Japanese New Deal E. Foreign direct investment
A. Privatization- government starts it publicly and then will sell to wealthy families at basement levels.
What was a major idea of the Edo era? A. Time of isolation; limiting exposure to influence elsewhere B. Time of major growth in all sectors of the economy C. Use of foreign direct investment to stimulate the economy D. Spread of Christianity throughout Japan E. Fluid class structure
A. Time of isolation; limiting exposure to influence elsewhere
What was the major contributor to the Japanese being able to afford subsidizing startup costs of their rapid industrialization? What percentage of the government's revenue was this during the 1870s? A. Property Taxes, 70% B. Agricultural Taxes, 90% C. Sales Taxes, 60% D. Agricultural Taxes, 70% E. Property Taxes, 90%
B. Agricultural Taxes, 90%
Which of the following was NOT an industry apart of the government-sponsored industrialization of Japan in the Meiji Era? A. Silk B. Citrus C. Railroad D. Mining E. Steam Ships
B. Citrus
Overtime, silk became Japan's most dominate and popular export. What are the benefits to silk in comparison to other materials like cotton and wool? a. Even though silk is a land-intensive crop, it can saturate and retain color better, and does not wrinkle easily. b. Silk is not a land-intensive crop as it is produced from silkworms. It is as thick as wool, and is used to make kimonos and other clothing pieces. c. Silk is not a land-intensive crop as it is produced from silkworms. It has the same qualities as cotton and wool. d. Silk is not a land-intensive crop as it is produced from silkworms. It can saturate and retain color better, and does not wrinkle easily. e. Even though silk is a land-intensive crop, it is as thick as wool, and is used to make kimonos and other clothing pieces.
d. Silk is not a land-intensive crop as it is produced from silkworms. It can saturate and retain color better, and does not wrinkle easily.
The Meiji era marked a period in Japan when their military began to modernize. What industry grew rapidly during this time and why? a. Copper mining, this precious ore proved to be vital in exchanging with foreign nations for firearms and related equipment b. Firearms manufacturing, seeing and reverse engineering guns from other nations, Japan took advantage of the deadly capabilities it has. c. Ships building, the ships Japan began building had the advantage of being faster and more durable compared to many foreign ones that have reached the nation d. Textile producing, with a larger army comes the need for uniforms, tents and other items that require textiles e. Rice farming, accumulating a large army required advance farming techniques to produce large quantities of rice to feed them
d. Textile producing, with a larger army comes the need for uniforms, tents and other items that require textiles
What is the one thing that all Zaibatsus had in common? a. They came from the same area of Japan b. They were all merchant houses c. They all sold the exact same things d. They all had their own bank e. None of them took subsidies and contracts from the government
d. They all had their own bank
In class, Mr. Stapp mentioned "The Zaibatsu", which are no longer around, only in spirit, and is something the US is against and has Japan get rid of it after losing world war 2. Which of the following relate to the Zaibatsu"? a) Few firms that dominate the entire Japanese system. b) Only 4 companies. c) Initially Families that retain their wealth from the tokogala era d) Got favorable treatment from the Government most of the time. e) All of the Above.
e) All of the Above.
Which one of these are part of the 10 necessities for a country to become an economic power? a) Feed yourself b) High educational level c) Very Strong Ethic in middle class d) None of the Above e) All of the above
e) All of the above
What year was the bank of Japan established? a) 1999 b) 1907 c) 1889 d) 1878 e) None of the Above
e) None of the Above
Which quote is attributed to Karl Marx? a. "Imperialism is the ultimate form of Communism" b. "Communism is the ultimate form of socialism" c. "Capitalism is the ultimate form of Imperialism" d. "Socialism is the ultimate form of Communism" e. "Imperialism is the ultimate form of Capitalism"
e. "Imperialism is the ultimate form of Capitalism"
Which of the following was an outcome of removing the caste system? a. Farmers can now decide what crops they want to grow b. Freedom of movement c. You can move around in jobs and status d. Merit based hierarchy e. All of the Above
e. All of the Above
During the Meiji Restoration, which of the following occurred? a. Emperor was restored to power b. Capital was moved to Edo c. The Shogun and Samurai classes disappear d. The US was in a civil war e. All of the above
e. All of the above
Which of the following countries were interested in Japan and their resources at the end of the Tokogawa Reign? a. USA b. Dutch c. Russia d. Portuguese e. All of the above
e. All of the above
During the Age of Initiative, what did Matsushita Konosuke invent? a. A lightbulb that only works in Japan b. A bicycle c. VCR d. Tungsten wire filament e. An improved version of the lightbulb socket
e. An improved version of the lightbulb socket
Over Japan's vast history and relationship with outside nations, what is one thing that has remained true to this day? a. It was never occupied b. It was occupied c. It was never colonized d. A only e. B & C only
e. B & C only
_________ integration occurs across industries and involves extraction, production, and selling. a. Vertical b. Diagonal c. Hierarchical d. Ranked e. Horizontal
e. Horizontal
Which of the following are NOT required to become a dominant economic power? a. Agrarian surplus b. Writing system c. Political stability d. Money e. Isolationism
e. Isolationism
What was NOT one of the results of the Dutch setting the cross-exchange rate for the Japanese? a. Massive gold drain b. Decrease in purchasing power c. Need for debasing of coins d. Inflation e. Japanese removed all Dutch from their islands
e. Japanese removed all Dutch from their islands
The "catch phrase" for the Meiji Restoration in Japan was: A. "God's land, God's people" B. "Protect one another, work together" C. "Rich country, strong army" D. "Grow business, assert power" E. None of the above
C. "Rich country, strong army"
Which of the following was NOT a primary reason for the United States of America to send Matthew C. Perry to Japan with warships in 1853? A. Poor treatment of the US whaling fleet by the Japanese B. A desire to sell American manufactured goods in Japan C. American interest in silk production D. The United States need for coaling stations in the Pacific E. American Manifest Destiny
C. American interest in silk production
Throughout the Shikoku Isolation what was Japan's one connection to the outside world? What island was it on? A. Kyoto, Kyushu B. Kyoto, Honshu C. Dejima, Kyushu D. Nagasaki, Shikoku E. Dejima, Honshu
C. Dejima, Kyushu
During the late 1800s this became Japan's primary export: ______. This was made possible through: _______. A. Cotton, increased domestic demand B. Cotton, economies of scale C. Silk, economies of scale D. Silk, decreased domestic demand E. Copper, increased domestic demand
C. Silk, economies of scale
During the late 1800s/early 1900s, the Zaibatsu, which was a group of four companies, was established. The four companies became the economic powerhouses of Japan. Did the Zaibatsu have to compete with each other in order to stay in the market? a. No, the Zaibatsu did not have to compete with each other because each company was in control of and monopolized different segments of the market. b. No, the Zaibatsu did not have to compete with each other because each company had their own bank and financial clique. c. No, the Zaibatsu did not have to compete with each other because the government would subsidize them when they needed financial assistance. d. Yes, the Zaibatsu were in constant competition with each other because each company was vertically and horizontally integrated. e. Yes, the Zaibatsu were in constant competition with each other because each company was part of the bank and financial segment of the market.
a. No, the Zaibatsu did not have to compete with each other because each company was in control of and monopolized different segments of the market.
What was the sliver of western information that came to Japan with the Dutch? a. Self-actualization b. Christianity c. Story telling d. Caste System e. Math, specifically Algebra
a. Self-actualization
How did the Government help a lot during the Meiji Restoration? a. Sponsoring majority of the industrial expenses and sell to rich Japanese families b. Cutting all ties and sticking with the idea of Isolation c. Went back to the ways of the Tokogawa Reign d. Does not protect home companies from competition e. The government did not help at all during the Meiji Restoration
a. Sponsoring majority of the industrial expenses and sell to rich Japanese families
What was the conflict that grew out of the rival ambitions of Russia and Japan? a. The Russo-Japanese War b. The Sino-Japanese War c. The Russian Occupation of Japan d. The Hokkaido Invasion e. The Russian Revolution
a. The Russo-Japanese War
During the Meiji Restoration, the Bank of Japan was a major player in the monetary reform of the country. What sole authority did they possess that others did not? a. To print money b. To hand out land loans c. To store inbound silver d. To exchange foreign currencies e. None of the above
a. To print money
The first railway established in Japan connected which two cites? a. Tokyo & Yokohama b. Yokohama & Nagoya c. Kyoto & Tokyo d. Nagasaki & Kitakyushu e. Osaka & Kyoto
a. Tokyo & Yokohama
Explain the apprenticeship system that is used within Japanese companies. a. When a new group of people is hired, the people are placed into a 6-month trial period where they have to compete against each other for the best company evaluations. Once the trial period is over, the employee with the highest evaluation will receive lifetime employment, while the others will be asked to leave the company. b. When a person is hired, they are considered an apprentice. As an apprentice, they are required learn and master a particular trade within 6 months. If the new employee is able to master the trade within 6 months, they will receive lifetime employment. c. When a person is hired, they receive a work mentor. Their work mentor will teach them about the company and their position for 6 months. After the 6 months, the new employee will receive lifetime employment. d. When a person is hired, they instantly receive lifetime employment and participate in company bonding activities and events on the weekends. e. When a person is hired, they are placed into a 6-month trial period for the company to evaluate their productivity, work ethic, and passion. If the new employee completes the trial period in good standing, they will receive lifetime employment.
e. When a person is hired, they are placed into a 6-month trial period for the company to evaluate their productivity, work ethic, and passion. If the new employee completes the trial period in good standing, they will receive lifetime employment.
Which of these was a result of the Sankin-Kotai or Alternating Attendance System? a. War lords were called over to Edo b. Anyone who did not bow, was killed c. Use of a hostage system to bring over families d. Use of the Tokaido Road e.All of the above
e.All of the above
1549, Francis Xavier I lands in Japan, Kyushu. What are the four things that the Japanese eat up with a big o'l spoon and copied? a) Scientific knowledge b) Pragmatic Knowledge c) Very high degree of discipline d) Very high academics e) A and B f) B and D g) All of the Above
g) All of the Above
