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- Socioeconomics_of_Reformation_Era abstract "While the industrial revolution had swept through western Europe, the Ottoman Empire was still relying mainly on medieval technologies. The vast empire had no railroads, and few telegraph lines. It took 3 days before the major naval defeat at Sinope was learned of in the capital. The poor communications made it very difficult for Constantinople to control its provinces. Thus the provinces in the Balkans, Africa, and Asia became almost autonomous. Serbia was now an independent nation in all but name, paying only token tribute to the Sultan. Most of the other provinces also paid only fractions of the tribute required by law. Even the areas under the Sultan's direct control had an outdated and corrupt tax system, drastically depleting revenues. The disorganization and corruption permeating the nation also discouraged trade, hurting both itself and its relations with other nations. Compared to any other European power the Ottoman empire also had virtually no industry, and its raw materials were not being harvested.The western powers had invested a great deal of resources in the Crimean war and they did not wish to come to the aid of the faltering Empire again. Thus the nation was invaded by British, French, and Austrian businessmen and administrators who came to reform and rebuild the economy. This period known as the Tanzimat saw great changes. During the period after the Crimean war a national bank was created, the tax system was revised and strengthened, the law was altered to emulate the Napoleonic Code, a public education system based on that of the French was created, the Orient Express railroad was constructed, as well other railroads were built that travelled along the coast of Anatolia and into the Balkans.Then on Friday, May 9, 1873 disaster struck. The Vienna stock market crashed, triggering the Long Depression. The money and loans from abroad stopped pouring into Istanbul and the government entered a financial crisis. Unable to deal with this, the Sultan Abd-ul-Aziz began to rapidly switch Grand Viziers. Unable to repay foreign loans, the empire was forced to default on them, and ask for assistance from Europe. Finally, the Sultan was deposed. Eventually Abd-ul-Hamid II was girded with the Sword of Osman.".
- Socioeconomics_of_Reformation_Era thumbnail Armedo_Preziosi,_c1851-scanned_constantinopole_(1996)-The_bazaar.png?width=300.
- Socioeconomics_of_Reformation_Era wikiPageID "4974040".
- Socioeconomics_of_Reformation_Era wikiPageRevisionID "444914329".
- Socioeconomics_of_Reformation_Era hasPhotoCollection Socioeconomics_of_Reformation_Era.
- Socioeconomics_of_Reformation_Era subject Category:Economy_of_the_Ottoman_Empire.
- Socioeconomics_of_Reformation_Era subject Category:History_of_the_Ottoman_Empire.
- Socioeconomics_of_Reformation_Era comment "While the industrial revolution had swept through western Europe, the Ottoman Empire was still relying mainly on medieval technologies. The vast empire had no railroads, and few telegraph lines. It took 3 days before the major naval defeat at Sinope was learned of in the capital. The poor communications made it very difficult for Constantinople to control its provinces. Thus the provinces in the Balkans, Africa, and Asia became almost autonomous.".
- Socioeconomics_of_Reformation_Era label "Socioeconomics of Reformation Era".
- Socioeconomics_of_Reformation_Era sameAs m.0cxz5h.
- Socioeconomics_of_Reformation_Era sameAs Q7552786.
- Socioeconomics_of_Reformation_Era sameAs Q7552786.
- Socioeconomics_of_Reformation_Era wasDerivedFrom Socioeconomics_of_Reformation_Era?oldid=444914329.
- Socioeconomics_of_Reformation_Era depiction Armedo_Preziosi,_c1851-scanned_constantinopole_(1996)-The_bazaar.png.
- Socioeconomics_of_Reformation_Era isPrimaryTopicOf Socioeconomics_of_Reformation_Era.