The effect of 1929 world economical chaos on the world,Turkey and the cost of grape in İzmir

In 1929, the reduction of the value of stocks effected money and capitalmarket in New York stock exchange. As soon there was lots of bankruptcy onfinancial market. In industry and agriculture area , poverty and unemploymentincreased. This big crisis which first appear in America spreaded to Europe and restof the World. This case ,in the history, is known the World Economic Crisis in1929.Turkey haven?t been affected like the other big world countries. Anywayespecially reduction of prices of agriculture products get serious trouble.İzmir is the largest export market of Turkey and the well-known cultivate cityfor raisin has been affected from World Economic Crisis in 1929. First of all theprices of sales for raisin in İzmir Stock Exchange was affected. When Germany andEngland as the largest market for raisin get crisis , has reduced the export value ofraisin in İzmir.Against all this chaotic condition, The Republic of Turkey tried to solve bymeans of establish various corporation. Established credit cooperativies , ?ÜzümKurumu? and ?Ziraat Bankası? , minimized the troubles of grape growers.