OSMANLI DEVLETİ’NDE SANAYİ FİNANSMAN METODU OLARAK FABRİKA İMTİYAZ SİSTEMİ

After the Industrial Revolution, Ottoman State understood that he had to change something in economy for fostering competition, due to the crises in his production processes. Country’s economy had to adapt to new conditions. From 1840’s state began to notice in his policy not only fiscal matters but also economic problems. State centered industrial efforts were begun to achieve successes in production processes. Although some industrial investments were achieved with favorable and eager trials, there was not long term success in industrialization. As to the causes of this failure: There were some mistakes in state centered industrialization, increasing external debt and failure to developing technology. This situation and the hardships of the state finance in the period, state turned to private sector for industrialization. In the factory privilege system which gains momentum during 1880’s, Ottoman State gave some privileges to private sector to promote industrial investments. In a region which borders was strictly defined and for a limited time, these investors gained monopoly rights in factory made production. They were also supported with some tax privileges.