The most accurate statement regarding how economic reforms in Turkey in the late 1900s improved the Turkish economy is:
Turkey made it easier for people to start new businesses and form private companies.
While the other statements address various aspects of Turkey's economic activity, they aren't entirely correct in the context of the specific economic reforms in the late 1900s:
- Turkey's application for EU membership was ongoing, but it did not fully join the EU during that time, so the statement about joining the EU is misleading.
- Investment in government projects did occur, but the primary reforms focused on liberalization and deregulation of the economy.
- Oil production is important, but the focus of economic reforms was more on structural adjustments, privatization, and encouraging private enterprise rather than significantly expanding oil production.
Overall, the liberalization of the economy allowed for greater entrepreneurship and the growth of the private sector, which significantly contributed to economic growth during that period.