2. The Ottoman Empire
The Ottoman Empire’s decline was marked by stagnation and indulgence within the court, leading to economic decline and poor governance. The elite military corps, the Janissaries, became politically influential and resistant to reforms, further weakening the empire’s stability. Economic mismanagement, including the devaluation of currency and inflation, resulted from the empire’s inability to modernize its economic infrastructure to keep pace with industrializing Europe. These internal challenges, coupled with external pressures, led to the empire’s dissolution after World War I. (britannica.com)
