Originally a fishing village, named Edo, the city became a prominent political center in 1603, when it became the seat of the Tokugawa shogunate. By the mid-18th century, Edo was one of the most populous cities in the world at over one million. Following the end of the shogunate in 1868, the imperial capital in Kyoto was moved to the city, which was renamed Tokyo (literally "eastern capital"). Tokyo was devastated by the 1923 Great Kantō earthquake, and again by Allied bombing raids during World War II. Beginning in the 1950s, the city underwent rapid reconstruction and expansion, going on to lead Japan's post-war economic recovery. Since 1943, the Tokyo Metropolitan Government has administered the prefecture's 23 special wards (formerly Tokyo City), various bed towns in the western area, and two outlying island chains.