|
|
One thing that the Ottoman Sultans, rulers and administrators alike acknowledged unanimously that establishing trade centers was important because trade and business would further help their economy to grow and with money, they realized - Empire building could be done swiftly and easily.
The Building of Cities
The Ottoman Empire had almost an obsession with building cities and therefore they built their existing capital Constantinople, further developing it; alongside the development of Adrianople and Bursa. When they annexed a territory, they would also ensure that the major cities of the annexed would be developed to further boost trade, revenue and hence the economy.
Not surprisingly, under the rule of its greatest monarch - Suleyman, the economy boomed and what began to be called as the Golden Age in the history of the Ottoman Empire. Infrastructure was developed on a war footing and so did the inclusion of international trade.
Because of the strategic geographical location of the Empire, they served as the 'through' for the trade to go on between the east and the west; they served as the passage as well as an important center for commodity exchange. With international trade practices on the rise, the Ottoman people got a taste of what other countries had to offer them.
From spices to metals and textiles, the Ottoman Empire got a fine taste of everything. The Mediterranean Sea acted as an important route through which trade could take place and hence the administrators realized the importance to build sea ports and ort cities to further facilitate trade. It was more like the Ottoman people had been addicted to the royalty that the other countries had on offer for them!
The Rise of the Economic Power
As one might have guessed, it was during the 16th and 17th centuries that the Empire became to be regarded as one of the richest regions in the world. Free trade had transformed the region into a wealthy Empire that exerted immense economic importance in the world. The economy became a consumer driven economy thanks to the ever growing interest of people in the luxuries that the world had to offer them. With trade, came cultural impressions on the people as well.
With too much cash flow, the government feared that it would spoil the people and hence imposed reformed taxation policies that would later become a benchmark in the economic history of the world! New sea routes opening, the development of cities and enthusiastic people essentially made up the reason of the flourish of the region back then.
|

This
site covers all areas Ottoman Empire History Facts. Besides the popular Ottoman topics like rise and fall, leaders, society, economy, Inventions, Religion, it also covers several other areas like comparison with other empires.
|
|
|