This week in history: Meiji Restoration in Japan

Resentment of the privileges enjoyed by Japan's samurai class led to the Meiji Restoration in 1868, and the end of military government rule.

From the 17th century to the middle of the 19th century, a military government ruled Japan. Decisions were taken by the shogun, the chief military commander, with the emperor (although nominally in charge) reduced to a figurehead.

At the core of this was a strict caste system. At the top were large landowners, the daimyo, followed by the nobility, the samurai. Peasants, craftsmen and merchants were at the bottom of the heap and were required to pay taxes to their superiors.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
Dr Matthew Partridge
MoneyWeek Shares editor