Fall of Tokugawa

In the late 1700s, feudalism in Japan was declining. Tokugawa was breaking down and many people in Japan were having problems especially with the shogun. Japan’s economy was declining. Many merchants detested the fact that they are at the bottom of the social class. There was a declination of the samurais and economic problems with daimyos.
The population in Japan was increasing to a great extent and many merchants were becoming richer. They were involved with trades and making a lot of money from it because the ruling classes did not want to deal with it. The higher classes such as the daimyo and the samurai classes were declining economically. The daimyos had to pay for their families’ expenses because the shogun kept them and fed them. Taxes were very little from agricultural taxes. Also, the daimyos and the samurais were enjoying luxurious lives in the cities that it made them poor. Daimyos had to cut samurais’ salaries. Therefore, they borrowed money from ...