The first one arose in order to provide free conversion among the grain tax, cash, and promissory notes in exchange for interest-free loans from the government.
The first one arose in order to provide free conversion among the grain tax, cash, and promissory notes in exchange for interest-free loans from the government. They became prominent after the bulk of national assets were auctioned off to them to finance the suppression of the Satsuma Rebellion. The Three Diamonds one supplanted the government shipbuilding force as a supplier to the navy, the Sumitomo had a copper monopoly, and the Asano had an exclusive contract to import kerosene. For ten points, name these companies, including Sanwa, Fuyo, and Mitsubishi, which were family-controlled multiindustrial concerns at the top of the economy in the Meiji period.
The first one arose in order to provide free conversion among the grain tax, cash, and promissory notes in exchange for interest-free loans from the government.
{zaibatsu} [or {keiretsu}]