Meiji Japan and post-Soviet Russia · TURNING POINT ·
Dōjima Rice Exchange (1730)
On the Meiji Japan and post-Soviet Russia map as “The Dōjima rice exchange”
1730 — The shogunate licenses Osaka’s rice market, where merchants trade receipts for rice not yet delivered, an early form of futures trading. Samurai were paid in rice, so prices set here decided what their salaries were really worth.
- When
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- Turning point
- Chapter
- Tokugawa shogunate and sakoku (chapter 1 of Meiji Japan and post-Soviet Russia)
- Atlas
- Remaking the State: Meiji Japan 1600–1912 and Post-Soviet Russia 1964–2000
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