Economic history of Greece and the Greek world such as textiles; ammunition and boot-making springing up to supply the military. After the wars most of these industries were converted to civilian uses. Greek refugees from Asia Minor, the most famous of which is Aristotle Onassis who hailed from Smyrna (modern Izmir) also had a tremendous impact on the evolution of Greek industry and banking. Greeks held 45% of the capital in the Ottoman Empire before 1914, and many of the refugees expelled from Turkey had funds and skills which they quickly put to use in Greece. These refugees from Asia Minor also led to rapid growth of urban
Achaea (ancient region) Achaea (ancient region) Achaea () or Achaia (; , "Akhaia", ) was (and is) the northernmost region of the Peloponnese, occupying the coastal strip north of Arcadia. Its approximate boundaries were to the south the mountain range of Erymanthus, to the south-east the range of Cyllene, to the east Sicyon, and to the west the Larissos river. Apart from the plain around Dyme, to the west, Achaea was generally a mountainous region. The name of Achaea has a slightly convoluted history. Homer uses the term Achaeans as a generic term for Greeks throughout the "Iliad"; conversely, a distinct region of