"In the economic sphere, the program demanded thorough decentralization and managerial independence of enterprises, as well as legalization of small-scale private enterprise, especially in the service sector"
- Alexander Dubcek
About this Quote
Alexander Dubcek's quote speaks with the financial reforms he proposed in the 1960s. Dubcek's program looked for to decentralize economic power and offer more self-reliance to business. This would have allowed for more competitors and innovation in the market. Furthermore, Dubcek proposed legislating small personal enterprise, particularly in the service sector. This would have enabled more economic opportunities for people and small businesses, which could have assisted to stimulate the economy. By decentralizing economic power and permitting more private enterprise, Dubcek's program might have assisted to produce a more equitable and thriving economy. Ultimately, Dubcek's economic reforms sought to develop a more open and competitive market, which might have assisted to create more financial chances for individuals and companies.
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