GAZI AKADEMIK BAKIS-GAZI ACADEMIC VIEW, vol.12, no.24, pp.301-325, 2019 (ESCI)
The economy in the Ottoman Empire before the industrial revolution depended on the production and trade in farming, livestock, and handcrafts. Starting from the 19th century, leaders of the Ottoman Empire embraced an industrial policy based on factory production as in Europe within the westernization movement. As a result, they engaged in an extensive effort such as forming industrial commissions, corporatization, attending international fairs, opening fairs, opening children's homes, and building railways to improve transportation networks. However, due to capitulations, lack of capital stock, and lack of qualified work force, the desired results could not be achieved in industrialization.