Still in Derpt years Abovyan worked out a whole programme on economic and cultural development of Transcaucasia and Armenia. Particuraly, for economic development of the country and raising the prosperity of the nation Abovyan offers to develop industry, first of all for local natural resources and cultivating raw materials purpose. It is necessary to be occupied in cultivation and cattle-breeding more rationally, to implant and expand a number of agricultural and technical crops (patato, tobacco, cotton, silk, vegetable dyes).
One of the main goals of these undertakings would be an improvment of workers and particulary the peasants’ condition. ‘I wish them not wealth but they would be able to get their everyday food and had enough means to dress regular’.