The EU started as an association of countries that seeked economic improvement by boosting their import and export. They signed a series of treated to create three overlapping organizations, one of them being the European Economic Community (the other specified unified Atomic Energy market and the third unified Steel and Carbon Market). These treaties later developed into the modern EU.
The movement that happened last in Europe was the Enlightenment. During the Enlightenment, scholars and people produced scientific discoveries and numerous book & essays.
The Ottoman economy was disrupted by inflation, caused by the influx of precious metals into Europe from the Americas and by an increasing imbalance of trade between East and West.