State Industrial Sector
On 1 January 1954, the Soviet government turned over to the GDR thirty-three industrial concerns including the Leuna and Buna chemical works, and the GDR became the owner of all the enterprises in its territory.
Read more about this topic: Economy Of The German Democratic Republic
Famous quotes containing the words state and/or industrial:
“The fantastical idea of virtue and the public good being a sufficient security to the state against the commission of crimes, which you say you have heard insisted on by some, I assure you was never mine.”
—Thomas Jefferson (1743–1826)
“I know no East or West, North or South, when it comes to my class fighting the battle for justice. If it is my fortune to live to see the industrial chain broken from every workingman’s child in America, and if then there is one black child in Africa in bondage, there shall I go.”
—Mother Jones (1830–1930)