The Price Revolution in the Ottoman Context: Economic Upheaval in the Sixteenth Century

Authors

Dylan Lawrence Russell, James Madison UniversityFollow

Document Type

Presented Paper

Creative Commons License

This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Publication Date

6-2017

Abstract

The inflationary pressures of the Price Revolution had an impact on Ottoman agricultural organization, state finances, industry, and the growth of corruption. This analysis will examine the causes, effects, and scope of inflation in the sixteenth century. Inflation alone did not cause these drastic changes, as other very significant developments also contributed to the turbulent economic environment. However inflation did, in fact, influence many basic transformations, including shifts in wealth, power, and the enrichment of specific social classes at the expense of others.

Recommended Citation

Russell, Dylan Lawrence, "The Price Revolution in the Ottoman Context: Economic Upheaval in the Sixteenth Century" (2017). Middle Eastern Communities and Migrations Student Research Paper Series. 5.
https://commons.lib.jmu.edu/mecmsrps/5