The Japanese Industry Breeding And Business Initiating Policy And Its Development During Meiji Restoration

Industry Breeding and Business Initiating Policy is a kind of economic one, which made by Meiji Government, Japan, in order to learn from Western and to develop its economy to meet the modern times, and it took only a quarter of century to achieve its goal preliminarily by pursuing the Policy successfully. The practicing period of the policy was from around the year 1870 to 1885, and the year 1875 divided the period into two phases. Meiji Government acted its role as an industrialist to initiate enterprises run by government and nongovernmental & government joint energetically in the former phrase. Fostering nongovernmental capital from 1875 was carrying out the Policy initially, and this epoch-making transformation made a decisive effect to Japan developing real capitalism and fulfilling its economy development in modern times. The article analyzes the Industry Breeding and Business Initiating Policy transformation made a key rule in Japanese economy achievement by emphasizing on discussing the transition process of the Policy; and it approaches further the reason of the Policy transformation as well basing on the research summed up by the predecessors. The article ends with better highlighting the meaning of the Policy transformation by introducing briefly the far-reaching influence of the Policy transformation.