haleylaymancep8gt0s haleylaymancep8gt0s

15-02-2019
History

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What was the cause of inflation in the Ottoman empire

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davidoj13 davidoj13

15-02-2019

The Ottoman economy was disrupted by inflation, caused by the influx of precious metals into Europe from the Americas and by an increasing imbalance of trade between East and West. ... In consequence, traditional Ottoman industry fell into rapid decline.

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