Bulgaria's independence from the Ottoman Empire brings …

Years: 1888 - 1899

Bulgaria's independence from the Ottoman Empire brings drastic economic and social changes to the country at the end of the nineteenth century.

Industrialization proceeds rapidly (thirty-six major factories had opened between 1878 and 1887), and a new class of industrial labor forms from displaced artisans and agricultural workers.

Harsh working conditions lead the urban poor to the cause of socialism, and in 1891 the Social Democratic Party is formed. (Later transformation of one of its factions into the Bulgarian Communist Party will make this organization the oldest communist party in the world.)

Town-centered trade and the guild structure are swept away by an influx of West European commerce to which Bulgaria had been opened by the terms of the Treaty of Berlin.

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