Economy
Agriculture was a mainstay of the local economy of Georgia, a typical agrarian country with long wine-making traditions. Land reform well managed by the government contributed to a degree of stability in this field.
The manganese industry at Chiatura had very great importance in the field of European metallurgy, providing about 70% of the manganese supply of the world early in the 20th century. Traditionally, Georgia served also as an international transportation corridor through the key Black Sea ports of Batumi and Poti.
However, the lack of international recognition and the government's not completely successful policy in the field hindered the economic development of the DRG and the country suffered an economic crisis. Some signs of improvement were observed towards 1920–1921.
Read more about this topic: Democratic Republic Of Georgia
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)