How might the Turkish government best increases its GDP?

Social Studies

1 answer:

Reika [66]2 years ago

8 0

Answer:

It's an incredibly complex question so there's no direct answer but here's my personal opinion.

Explanation:

The Turkish government should nationalise its key industries which exploit natural resources like oil, aluminium, and salt. This will result in the Turkish state having control over these industries, as opposed to the private sector. Many governments in the region have done this and seen positive results, namely Gadaffi's Libya which saw huge increases in living conditions and GDP after oil nationalisation. Once Turkey does this, they should focus on diversifying its economy and finding new markets so they are not natural resource dependent.

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