Which of the Following Was Not a Meiji Economic Policy

question 34

Multiple Choice

Which of the following was not a Meiji economic policy?

• A)a graduated and progressive income tax
• B)a new land tax
• C)industrial subsidies
• D)improved systems of transportation and communication
• E)laissez-faire government policies

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Definitions:

Service Company

A business that generates revenue through the provision of services rather than selling physical products.

Sales Returns And Allowances

Transactions where a customer returns goods to the seller or receives a reduction in the invoice price, thereby reducing the seller's sales revenue.

Sales Discounts

Reductions in the amount charged to customers as an incentive for early payment, recorded as a deduction from gross sales to calculate net sales.

Pay Accounts Promptly

The practice of settling owed amounts to suppliers or creditors within the agreed payment terms to avoid late fees and maintain good business relationships.