Changes

The '''Kyōhō reforms''' were a system of financial reforms implemented by the [[Tokugawa Shogunate|Tokugawa Shōgunate]] in 1717, designed to improve the financial situation of the Edo-based Shōgunate, and to try and resolve the ongoing economic crisis and increasing rural unrest.  

The '''Kyōhō reforms''' were a system of financial reforms implemented by the [[Tokugawa Shogunate|Tokugawa Shōgunate]] in 1717, designed to improve the financial situation of the Edo-based Shōgunate and to resolve the ongoing economic crisis and increasing rural unrest.  

This had come about following the so-called "Golden Era" of the Edo Period, the ''[[Higashiyama#Genroku|Genroku]]'' era. Due to the years of peace and isolation [[Japan]] had enjoyed up to that point, the economy was stable, and the arts and architecture were blossoming. However, as a strategy for financing the appearance of continuing Genroku affluence, the Shōgunate debased the quality of coins, which resulted in a sudden surge in inflation.

This had come about following the so-called "Golden Era" of the Edo Period, the ''[[Higashiyama#Genroku|Genroku]]'' era. Due to the years of peace and isolation [[Japan]] had enjoyed up to that point, the economy was stable, and the arts and architecture were blossoming. However, as a strategy for financing the appearance of continuing Genroku affluence, the Shōgunate debased the quality of coins, which resulted in a sudden surge in inflation.