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Decryption: What was the economic structure of the Ottoman Turkish Empire?
Until the17th century, the treasury management and legal institutions of the Ottoman Empire were ahead of their peers, which was unmatched by other countries in the world, and well-trained financial professionals were constantly emerging. Some clerical bureaucrats developed by these organizations are outstanding religious leaders with higher education, which makes these organizations become professional groups. The success of many Ottoman politicians is based on the effectiveness of these professional groups.
The economic structure of the empire was influenced by geographical factors. The empire controlled the throat of East-West trade, blocked the land traffic from Europe to the East, and forced Spanish and Portuguese navigators to go to the East by sea. The empire also controlled the spice road used by Kyle Poirot. When Christopher Columbus 1492 arrived in the Bahamas, Turkey's national strength was at its peak and its economic influence spanned three continents. Modern scholars who study the Ottoman Empire believe that the transformation of the relationship between the Ottoman Empire and Central Europe stems from the opening of sea routes, while Western Europe has opened sea routes that bypass the Middle East and the Mediterranean, greatly reducing the importance of land, thus leading to the decline of the empire. The Anglo-Ottoman Treaty, also known as the balta-Li Man Treaty, opened the Turkish market to Britain and France and slowed down the decline of Turkey. Even so, it still encourages towns to develop on their own, from expanding areas to underdeveloped areas, attracting more people to live together and improving productivity, so as to develop into financial centers to maintain competitiveness, which has the shadow of modern capitalism.
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