Turkey : A Middle Eastern Country South Of The Mediterranean Sea And West

2648 WordsDec 1, 201411 Pages
YU Jia ECO 315 12/2/2014 Turkey Turkey is a Middle Eastern country south of the Mediterranean Sea and west to the Aegean Sea. Turkey main religion is Sunni Muslim with a minority of Sufi Muslims with Christians, Jews and other religions only making up about 0.2 percent of the total population. Turkey is a relatively small country compared to the United States or China with the population of 74 million in 2013 (The World Fact book) In the last 15 years Turkey has made huge leaps and bounds to improve their economy and become a more economy independent country. Turkey as we know today was founded in 1923 from the remnants of the defeated Ottoman Empire by Mustafa Kemal (“Father of the Turks”). In the 1950’s Democratic Party had a peaceful transfer of power, which is both a good thing and a bad thing, in 1997 the Turkey military help ouster popularly “Post-modern coup” which helps Turkey intervened militarily on Cyprus to prevent a Greek overrunning the island. Background Turkey is mostly a free market economy like the United States is driven by industry and big business. Agriculture of Turkey makes up about 25 percent of employment in the country. The GDP has grown a lot since 2001 to 2002. Its growth rate as been 6 percent on average, increasing the average income from 3,500 hundred to 10,500 USD. This is a huge growth in the last ten years. Turkey government has made a lot of reform that has allowed this growth, Turkey is now the 17th
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