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5. Below you see inflation graphs for two periods, the late Ottoman Empire and early Turkish Republic. Based on what you learned in class and
5. Below you see inflation graphs for two periods, the late Ottoman Empire and early Turkish Republic. Based on what you learned in class and your readings, analyse the similarities and differences in inflation dynamics in the two periods. Make sure that you explain your answer in detail. a) Inflation in the Ottoman Empire (1820-1910) b) Inflation in the Ottoman Empire & Turkish Republic (1910-1950) 40 160 140 30 120 100 20 80 60 40 20 -10 -20 1820 1830 1840 1850 1860 1870 1880 1890 1900 1910 1910 1915 1920 1925 1930 1935 1940 1945 1950
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