Because most foreign trade was banned during the Edo Period in Japan by the Tokugawa Shogunate, Japan had to be economically self-sufficient. Funds needed were raised through which of the following?A) Selling of goods to other nations.B) Trading of rice, the 'currency' of the time.C) High levels of taxation.D) Donations from wealthy daimyo.
Question
Because most foreign trade was banned during the Edo Period in Japan by the Tokugawa Shogunate, Japan had to be economically self-sufficient. Funds needed were raised through which of the following?A) Selling of goods to other nations.B) Trading of rice, the 'currency' of the time.C) High levels of taxation.D) Donations from wealthy daimyo.
Solution
The answer is C) High levels of taxation. During the Edo Period in Japan, the Tokugawa Shogunate implemented a policy of national seclusion, which severely limited foreign trade. As a result, Japan had to find ways to be economically self-sufficient. One of the ways they did this was through high levels of taxation. The Shogunate imposed taxes on the daimyo (feudal lords) and their samurai retainers, as well as on farmers, artisans, and merchants. The taxes were often paid in rice, which was the de facto currency of the time. This system allowed the Shogunate to raise the funds needed to govern the country.
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