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The zaibatsu ultimately dominated Japan's economy during the Meiji and early Showa periods. These large family-controlled conglomerates played a crucial role in industrializing Japan and shaping its economic landscape until their dissolution after World War II. Their influence extended across various sectors, including banking, manufacturing, and trade, significantly impacting Japan's development.

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What did the Zaibatsu eventually dominate?

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In Japan, the zaibatsu, which were large family-owned business conglomerates, ultimately dominated the economy and industrial sectors during the Meiji and Taisho periods. They exerted significant influence over various industries, including banking, manufacturing, and trade. Key zaibatsu, such as Mitsui, Mitsubishi, and Sumitomo, played crucial roles in Japan's rapid industrialization and modernization. However, their power was curtailed after World War II during the Allied Occupation, which sought to dismantle these monopolistic structures.


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