ELI5: Explain Like I'm 5

Zaibatsu

Hey kiddo, have you ever heard of a large family of businesses that work together and control lots of money and power? This is called a zaibatsu.

Imagine you and your friends having a lemonade stand, but instead of just one stand, you have lots of them in different places, and you use the money from all of them to buy more lemons and cups and even hire more friends to help you sell lemonade. That's what a zaibatsu does, but instead of lemonade, they sell all sorts of things like cars, electronics, and even own big companies like banks and factories.

So, just like you would want all of your lemonade stands to work together to be successful, a zaibatsu wants all of their businesses to work together too. They share resources, money, and even help each other out by providing loans or buying each other's products.

Sometimes, one family or group of people in charge owns all of these businesses. That means they have a lot of control and can make important decisions about what the businesses do and how much they charge for their products.

Just like with anything else, there are advantages and disadvantages to having a zaibatsu. One advantage is that it can make the businesses stronger and help them grow faster. A disadvantage is that it can limit competition and make it harder for new businesses to start up.

Overall, a zaibatsu is a group of businesses that work together and are run by the same people. They can be very powerful and control a lot of things, but they can also have some downsides.