The Tokugawa epoch, which lasted for 264 years, consisted of periods of political stability and economic prosperity as well as of periods of crisis. That was determined by a range of objective and subjective factors. The author emphasizes that the fall of the Tokugawa regime was caused by domestic factors: the Japanese society has reached the peak of its development when it became necessary to change the social and economic structure in its entirety because the old one began to impede its development.
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