Turkeys Economy free essay sample

This paper compares Turkeys economy in the 1970s with that of the 1990s. The paper discusses major economy-related events that occurred during the two periods studied. An overview of the major events of each period is given and the features of each periods economy are laid out. With respect to the 1970s, 1977 is examined as the crisis year and failed economic stabilization programs are looked at. Turkey is a unique country that lies partially in Asia and partly in Europe. The Asian and the European part of the country are separated by the Bosporus, which is the water link between the Black Sea and the Mediterranean. Although the areas constituting Turkey have a very ancient history, the modern day Turkey became a Republic in 1923 under the leadership of Mustafa Kemal (Ataturk) after the collapse of the Ottoman Empire. Turkeys economy is a mixture of modern industry and ancient agriculture that has undergone many ups and down throughout its history. We will write a custom essay sample on Turkeys Economy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In this paper we will focus on the economy of Turkey in the 1970s 1990s, and discuss the major economy-related events that occurred during this period.