Istanbul is the fifth largest city in the world and is one of the largest agglomerations within the European country. Its size, public demographic, and its development as a city has in result made Istanbul the heart of Turkey. In this paper, discussed will be the actual and relative location of the city. The demographic and economic structure, the economic base, the major industries and their classifications (i.e. primary, secondary, and tertiary sectors), and the major site and situational factors that relate to the city 's development regarding industry and manufacturing. As previously stated, Istanbul takes place as one of the five most populous cities in the world; and land size and economic impact play a key role in its classification.
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As a route to the Black Sea, the Bosporus waterway is one of the busiest waterways in the world. (Economy of Istanbul, taksimpremiersuites.com) Being the only sea route between the Black Sea and the Mediterranean, the Bosporus in result traffics many of the city 's imports and exports. For example, in the provided picture, "Rising Power on the Bosporus", there are five key elements that are to be addressed: economic growth, private consumer spending, national debt, age distribution, and unemployment. Due to Istanbul 's position along the waterway, it provides access to commercial routes. As for the table above, Istanbul 's economy can answer to the growth of its economy and the unemployment rate. For the economic growth, it ranks the highest on the scale and has an economy that expanded by 5.5% on a per-capita basis. For the unemployment rate, the graph illustrates Turkey 's rank amongst the rest of the countries comes in second, although Istanbul itself had their employment raised by 7.3%. (Economy of Istanbul, …show more content…
Reported by the Turkish Statistical Institute (Demographic for Istanbul, taksimpremiersuites.com) it was estimated that the population would reach approximately fifteen million, making it the largest city in Turkey, with 18.5 percent of the population inhabiting the city of Istanbul. Ranking as one of the five most populous cities in the proper world, but also ranking below fifteen due to its metropolitan area roughly being equivalent to the city proper (Demographic for Istanbul, taksimpremiersuites.com). Aside from that, the city 's annual population growth, roughly 3.45 percent, ranks the highest among the seventy-eight largest metropolises in the Organization for Economic Co-Operation and Development. Because of the high population growth mirroring an urbanized trend that is taking the country by storm, Istanbul has made it as the second and third fastest growing OECD metropolises (Demographic for Istanbul,
As a route to the Black Sea, the Bosporus waterway is one of the busiest waterways in the world. (Economy of Istanbul, taksimpremiersuites.com) Being the only sea route between the Black Sea and the Mediterranean, the Bosporus in result traffics many of the city 's imports and exports. For example, in the provided picture, "Rising Power on the Bosporus", there are five key elements that are to be addressed: economic growth, private consumer spending, national debt, age distribution, and unemployment. Due to Istanbul 's position along the waterway, it provides access to commercial routes. As for the table above, Istanbul 's economy can answer to the growth of its economy and the unemployment rate. For the economic growth, it ranks the highest on the scale and has an economy that expanded by 5.5% on a per-capita basis. For the unemployment rate, the graph illustrates Turkey 's rank amongst the rest of the countries comes in second, although Istanbul itself had their employment raised by 7.3%. (Economy of Istanbul, …show more content…
Reported by the Turkish Statistical Institute (Demographic for Istanbul, taksimpremiersuites.com) it was estimated that the population would reach approximately fifteen million, making it the largest city in Turkey, with 18.5 percent of the population inhabiting the city of Istanbul. Ranking as one of the five most populous cities in the proper world, but also ranking below fifteen due to its metropolitan area roughly being equivalent to the city proper (Demographic for Istanbul, taksimpremiersuites.com). Aside from that, the city 's annual population growth, roughly 3.45 percent, ranks the highest among the seventy-eight largest metropolises in the Organization for Economic Co-Operation and Development. Because of the high population growth mirroring an urbanized trend that is taking the country by storm, Istanbul has made it as the second and third fastest growing OECD metropolises (Demographic for Istanbul,