Abstract
The so-called Economic Act (Hospodářský zákon) formed the basic ekonomic program documents prepared by the Czech political representation several months before October 28, 1918. The Economic Act should have formed the legal and financial basis needed for the function of the new state - the Czechoslovak republic.
The Economic Act had 86 paragraphs. However, the law was never introduced in the National Assembly (Národní shromáždění) as a whole.
The law was only a program document, the basis from which the government and other institutions were coming from in the first years of existence of the new state. It contained state regulation of the economy and secured the collection of taxes and duties, comprised the creation of a new currency and a new central bank, regulations on the transfer of corporate headquarters in the new state and land reform.