Rise of the Ottoman Empire
The foundation and rise of the Ottoman Empire is a period of history that started with the emergence of the Ottoman principality in , and ended with the conquest of Constantinople on May 29, 1453. This period witnessed the foundation of a political entity ruled by the Ottoman Dynasty in the northwestern Anatolian region of Bithynia, and its transformation from a small principality on the Byzantine frontier into an empire spanning the Balkans and Anatolia. For this reason, this period in the empire's history has been described as the Proto-Imperial Era. Throughout most of this period, the Ottomans were merely one of many competing states in the region, and relied upon the support of local warlords and vassals to maintain control over their realm. By the middle of the fifteenth century the Ottoman sultans were able to accumulate enough personal power and authority to establish a centralized imperial state, a process which was brought to fruition by Sultan Mehmed II (r. 1451-1481). The conquest of Constantinople in 1453 is seen as the symbolic moment when the emerging Ottoman state shifted from a mere principality into an empire, marking a major turning point in its history.
Ottoman Empire
The Ottoman economic mind was closely related to the basic concepts of state and society in the Middle East in which the ultimate goal of a state was consolidation and extension of the ruler's power, and the way to reach it was to get rich resources of revenues by making the productive classes prosperous. The ultimate aim was to increase the state revenues without damaging the prosperity of subjects to prevent the emergence of social disorder and to keep the traditional organization of the society intact. The Ottoman economy greatly expanded during the early modern period, with particularly high growth rates during first half of the eighteenth century. The empire's annual income quadrupled between 1523 and 1748, adjusted for inflation.