Why did the Ottomans fail to industrialize?
The requirement for industrialization is pools of investment capital that can be risked and invested for large rewards. The financial, banking and tax structures of the Ottoman Empire were underdeveloped and not well suited to encouraging investment.Sep 1, 2019
The requirement for industrialization is pools of investment capital that can be risked and invested for large rewards. The financial, banking and tax structures of the Ottoman Empire were underdeveloped and not well suited to encouraging investment.Sep 1, 2019