Which of the following financial situations is most analogous to the financial situation in which Japan's Tokugawa shoguns found themselves in the eighteenth century?
Which of the following financial situations is most analogous to the financial situation in which Japan's Tokugawa shoguns found themselves in the eighteenth century?
The correct option is D A small business has to struggle to meet operating
expenses when its profits decrease
The second paragraph clearly states that “farmers could be made to pay in taxes was not unlimited, and since the income of Japan’s central government consisted in part of taxes collected by the Shogun from his huge domain, the government too was constrained. Therefore, the Tokugawa Shoguns began to look to other sources for revenue.” Option (d) very well explains this situation by connecting it to a small business which has to struggle to meet operating expenses when its profits decrease. Therefore, answer option (d) is the correct answer choice.
A small business has to struggle to meet operating expenses when its profits decrease
The second paragraph clearly states that “farmers could be made to pay in taxes was not unlimited, and since the income of Japan’s central government consisted in part of taxes collected by the Shogun from his huge domain, the government too was constrained. Therefore, the Tokugawa Shoguns began to look to other sources for revenue.” Option (d) very well explains this situation by connecting it to a small business which has to struggle to meet operating expenses when its profits decrease. Therefore, answer option (d) is the correct answer choice.
