What Were the Immediate and the Long-Term Results of the Tokugawa

question 57

Essay

What were the immediate and the long-term results of the Tokugawa Shogunate's response to the threat of Euro-American invasions?

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Definitions:

Psychological Pricing

A marketing strategy that utilizes price points believed to have a psychological impact, encouraging purchases.

Penetration Pricing

A marketing strategy where a product is priced lower than its competitors in order to attract customers and gain market share.

Price Skimming

A pricing strategy involving setting high prices at the launch of a new product to maximize profits from customers willing to pay more, before reducing the price over time.

Consumer Credit

Credit extended by retailers to the ultimate customers for the purchase of products or services.