Mixed Economy
Finally, in March 1990 president Mengistu Haile Mariam announced the replacement of Ethiopia's socialist economic system with a mixed economy. Among the proposed changes were that private investors would by permitted to participate in all parts of the economy with no limit on the amount of capital invested.
Read more about this topic: Manufacturing In Ethiopia
Famous quotes containing the words mixed and/or economy:
“When truth is nothing but the truth, it’s unnatural, it’s an abstraction that resembles nothing in the real world. In nature there are always so many other irrelevant things mixed up with the essential truth. That’s why art moves you—precisely because it’s unadulterated with all the irrelevancies of real life.”
—Aldous Huxley (1894–1963)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)