ISSN: 2265-6294

The philosophy of the financial crisis in the Ottoman Empire and its causes

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Fahd Awaid Abd, Zainab Ali Hasoon

Abstract

This study aims to shed light on the philosophy of the financial crisis and its causes, whose changes began on the Ottoman situation in the second half of the nineteenth century, as a result of the delay in the growth of the Ottoman economy compared to Western countries since the industrial revolution and the economic developments it produced in Europe made it look forward To the Ottoman Empire to spend and invest its accumulated capital in it, indicating the reasons that led to the deterioration of the Ottoman Empire's economy and its position towards it, following ways to address them.

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