The Agricultural Credit Cooperatives of Turkey Serbia which was Ottoman territory at the time), with the establishment of “Homeland Funds” (“Memleket Sandıkları”) in 1863 and it gained pace with the foundation of the Republic of Turkey as new laws on cooperatives were enacted. The ACC with its modern nomenclature and structure was established based on law number 2836 which was passed in 1935. The ACC’s foundation was supported by the first president of the Republic of Turkey Kemal Atatürk who was also the first member of the cooperative in Silifke – Tekir Çiftliği. Due to the enforcement of law number 1581 on Agricultural Credit Cooperatives and
History of the Republic of Turkey purchases of chrome (used in making better steel). Inflation was high as prices doubled. By August 1944, the Axis was clearly losing the war and Turkey broke off relations. Only in February 1945, Turkey declared war on Germany and Japan, a symbolic move that allowed Turkey to join the future United Nations. On October 24, 1945 Turkey signed the United Nations Charter as one of the fifty-one original members. In 1945, the first opposition party in the multi-party system in Turkey, the National Development Party, was established by industrialist Nuri Demirağ. In 1946, İnönü's government organized multi-party elections, which were