Which economic system based on private ownership of the means of production and their operation for profit was employed during the reign of Emporer Meiji?
Emperor Meiji: Emperor Meiji (明治天皇 , Meiji-tennō , November 3, 1852 – July 30, 1912) , or Meiji the Great (明治大帝 , Meiji-taitei ) , was the 122nd Emperor of Japan according to the traditional order of succession, reigning from February 3, 1867 until his death on July 30, 1912. Emperor Meiji:  He presided over a time of rapid change in the Empire of Japan, as the nation quickly changed from an isolationist feudal state to a capitalist and imperial world power, characterized by the Japanese industrial revolution. Capitalism: Capitalism is an economic system and an ideology based on private ownership of the means of production and their operation for profit.
Capitalism