Capital market in the Lands of the Bohemian Crown, where lived the majority of the Czech people, was before 1918 markedly influenced by the branches of Vienna banks. The time of the forming of the Czech modern economical elites started not before 1890's.
This social end economical process was also strongly stimulated by the strategy of the Czech economical nationalism. Czech economist Albín Bráf and his pupils were the most important persons on this economical and ideological field.