A because i searched it up.
Economic policy in those days was based on free access by all nations to raw materials, free markets and non-discrimination, all without regard for the interests of the indigenous people. There was little regulation or control of economic development.
Sultan Mehmed II transferred the capital of the Ottoman Empire from Edirne to Constantinople. Constantinople was transformed into an Islamic city: the Hagia Sophia became a mosque, and the city eventually became known as Istanbul.