ABSTRACT
The decisive factor governing the basic activities of the state in the economy and society was the development of Czechoslovakia as a bourgeois democratic republic based on the continuation of a capitalist, free-market economy. The first law of the new Czechoslovak state passed by the Czechoslovak National Committee on 28 October 1918 decreed that all existing ‘Land’ and ‘imperial’ laws should continue in force. The aim of this measure was to ensure the smoothest possible transition to a parliamentary republic.
