Difference between revisions of "Zaibatsu"

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-Zaibatsu (zye-BAHT-soo) is a large and powerful Japanese business conglomerate, especially in banking.  The word is based on the Japanese word for money ("zai") and clan ("batsu").
-After [[Meiji Restoration]] of 1868, Japan saw the rise of several large business enterprises.  These enterprises expanded during World War I.  Each zaibatsu typically had a single family in control.  The Allies ended the zaibatsus after World War II, but many of the individual companies that were part of the zaibatsu continued to survive.
-[[category:business]]

Revision as of 00:20, September 12, 2007