What economic approach was Celâl Bayar known to advocate for?
Socialism
Liberalism
Communism
Protectionism
Answer
Liberalism, the economic approach Celâl Bayar championed, emphasizes the significance of individual liberty, limited government intervention, and the free market. Central to his philosophy is the belief that economic prosperity stems from allowing individuals and enterprises the freedom to pursue their interests without excessive state regulation.
Discovering the Legacy: The Life and Times of Celâl Bayar
More Questions
Who appointed Bayar as Prime Minister in 1937 to liberalize the economy?
In which year did Celâl Bayar resign as Prime Minister?
Until 1945, which political party was Celâl Bayar a member of?
Who was the founder of Turkey's Democrat Party alongside Celâl Bayar?
When did Turkey enter its multiparty period?
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