Question

Which statement characterizes Japan’s economy during the Meiji Restoration?
Japan’s economy limited trade with other nations because of isolationism.
Japan’s economy was based on agriculture and did not change much.
Japan’s economy expanded trade with Western nations and industrialized rapidly.
Japan’s economy suffered economic declines because industrialization was slow.

Answer 1

Japan’s economy expanded trade with Western nations and industrialized rapidly.

Brief explanation: During the Meiji Restoration (from 1868) Japan rapidly modernized—dismantling the feudal system, adopting Western technology, building railroads and factories, developing banking and industry, and opening up trade with Western powers.