After the independence war, Turkey went through some radical political and legal amendments. Despite the worst picture in economy, Turkey obtained significant successes as a result of the exuberance of the new Republic. However, the crisis which broke out first in the USA and then spread to the other capitalistic countries and which was considered as the first major global crisis shook and had its deep reverberations in Turkey. The first impact was the devaluation of the Turkish currency. Secondly, the prices in theagriculture field dropped and affected the economy radically. Like many nations in a similar situation, Turkey planned to undergo a new economic policy and initiated a self sustaining policy. Hence, new measures were taken to encourage the nation to consume the local products and to start saving. As a result, to implement the policy to use the local produce and to save as possible, a lot of campaigns were launched. Turkish women had a special mission in this struggle. Women who started to take their place socially andeconomically in the modernization process in Republic, had an active role to bolster the national economy. This study aims at highlighting the major causes of the crisis, the impact on Turkish economy and the place of women in this struggle to overcome the crisis