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:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)