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However, Turkey has had a weak economic background in the past.
By the end of World War II the economic systems hadnât been changed for a hundred years. The population remained mostly agricultural and using outdated farming methods. Cities and towns lived off the countryside and transportation was mainly on the coast...
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Cities and towns lived off the countryside and transportation was mainly on the coast. After the 1950âs the country suffered economic disturbances where an industry led to a period of rapid expansion, marked by a sharp increase in exports, which resulted in a balance of payment crisis, the worst of these crisis was in the late 1970âs, where inflation reached triple digits, unemployment had risen about 15 percent, and the government was unable to pay any interest on foreign loans...
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