THE ECONOMIC AND POLITICAL POSITION OF MITSUI GROUP IN JAPANESE SOCIAL END OF THE 19th CENTURY AND IN THE EARLY 20th CENTURY

Abstract

In the economic history of Japan at the end of the nineteenth century and the beginning of the twentieth century, the Zaibatsu phenomenon attracted the attention of many researchers. Zaibatsu
is a term to refer to the leading conglomerates in Japan, these corporations have a certain important
influence on the development of the Japanese economy in particular and balance the economic situation.
world in general. These groups grew rapidly from feudal enterprises, developed into monopolies during
the Meiji period (1868-1912) and became the leading economic force and important role in the public
sector. industrialization and modernization of Japan. Among them, Mitsui Group is the first conglomerate
established in Japan. Thanks to taking the initiative, quickly catching up with new industries and the
support of the government, Mitsui Group has increasingly expanded its development scale, occupying an
important economic and political position in society Japanese Society at that time.