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Introduction With the recent discussions being made by the European Union about the upcoming introduction of Turkey in the Union an opportunity has been given for the analysis of the Turkish economy in order to evaluate the path that the economy is taking Turkey is a country of Eastern civilization ideology and religion which has been trying to bring its social political and economical way of conduct up to par of the Western European ideology Since Turkey has a long history and strong Muslim beliefs it has been a rather hard task to change the way the Turks think and act within their society Despite that a strong effort has been made both on behalf of the Turkish government and the Turkish people in order to change Turks act and think so that they start becoming a bit more of Western ideology and school of thought This assignment has as main goal to analyze and point out the economic development of Turkey throughout the past 4 years on average by analyzing economic figures such as Public Debt Exports vs Imports where most of the weight of the project has been given Currency Employment Inflation GDP Growth Rates and Social - Cultural Factors which have changed in Turkey Turkeys Economy along the Years Employment Analyzing the diagrams below one can notice the substantial drop in the unemployment rate with a proportionate increase in the labor force The increase in the countrys productivity seems to have immediate results on the decrease of the unemployment rates and the substantial increase in the labor force which is rapidly increasing Inflation As we can see below not including the figures of the year 2000 there is a constant decrease of the inflation rate which gives Turkey very positive prospective for entry to the European Union Community Turkey is giving very positive figures of a country which is growing and moving
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