As part of its modernization and industrialization of japan the meiji government
established a sphere of influence in china
restricted university enrollment to scientists and engineers
created a modern banking system
allowed the us to build factories in japan

As part of its modernization and industrialization of Japan, the Meiji government: C. created a modern banking system.

Industrialization refers to a strategic process involving the development and advancement of various industries in Japan, through a large-scale introduction of mechanized tools, equipment and use of technology in the manufacturing of goods and services to meet the unending needs or requirements of consumers.

Basically, industrialization enhances an increased level of production (output) of goods and services in Japan.

The Meiji government was formed in the late 1860s by young politicians (samurais) of the Chōshū Domain and Satsuma Domain.

The Charter Oath was promulgated in April 1868, through which Emperor Meiji established the general outlines for the development, modernization and industrialization of Japan.

Subsequently, the Meiji government made education for all Japanese children compulsory and created a modern banking system as part of its modernization and industrialization of Japan, so as to enable it compete economically with the developed nations.

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As part of the Modernization and industrialization of japan, the Meiji government created a modern banking system.  

Explanation:

First of all, the Meiji government feared that the western powers would colonize japan. That is why allowing the US to build factories is false. Second, they looked for an uprising in all areas, primarily in industry and technology. That's why restricting university enrollment to scientists and engineers is false because that action would have acted against their objective of being competitive to western powers. Now, establishing spheres of influence in China was important for the Japanese, but it was nearly impossible because they were enemies, and china was being pushed by the western powers. They weren't powerful enough to start a fight against all of them. So, they used Korea to engage in talks and agreements with them. However, creating a banking system influenced by modernity is true, because they analyzed theirs and the western countries ones, saw the differences and understood they needed to improve their economic and political systems in order to compete against them by learning from them and taking the best of them, combining it with the best of the Japanese systems and creating a Japanese more effective and improved version of their systems, that allowed them to develop and not be colonized by the western powers.

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