From Wikipedia, the free encyclopedia. Retrieved 24 November The Allies dismantled the zaibatsu in the late s, but the companies formed from the dismantling of the zaibatsu were reintegrated. Since the midth century, after the Meiji Restoration , the country was opened up to Western commerce and influence and Japan has gone through two periods of economic development. Main article: Labor market of Japan. Before Japan's surrender, Japanese industry was controlled by large family-controlled vertical monopolies called zaibatsu.
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