After the military triumph, Mustafa Kemal took the economy in the account for the development. He always stated that military triumphs can’t be lasted long if they weren’t supported with economic triumphs. That’s why he planned to make radical moves in economy. Briefly, he aimed the economic independency.
His first economic move was to develop railways because of the reasonable cost. Then the national economic managements were established such as Sümerbank (the textile management) and Etibank (the mining management). He had the first national bank (Work Bank of Turkiye) in order to finance the economic sectors.
The agriculture was being shaped due to get income for the new Turkish state. The factories that were based on agriculture were built and this move brought big income for Turkish Republic. The target was to become Turkish Republic to a self-sufficient country. He had 5 year- development plans made by the economists. Turkish Republic was designed to be self-sufficient economically.
Always Ataturk