The Role and Significance of the Economy in the Republic of Uzbekistan

Authors

  • Erdonov Muhammadamin Erdon o‘g‘li Teacher, Samarkand Institute of Economics and Service, "Real Economy" department assistant trainee
  • Egamqulov Nizomiddin Ne’mat oʻg’li Student of the faculty of economics of the Samarkand institute of economics and service

Keywords:

Competitive economy, national economy, entrepreneurship, market economy, production resources, open economic system

Abstract

In this scientific article, "Competitive economy" means a national economy that grows at an acceptable rate and proportion, in which the necessary conditions are created for the implementation of entrepreneurial activities based on private ownership, and it is developed on the basis of the laws of the market economy that serve to constantly improve the living standards of the population. economic mechanism means an open economic system in which production resources move freely and are regulated by the market mechanism.

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Published

2024-03-18

How to Cite

Erdon o‘g‘li, E. M. ., & Ne’mat oʻg’li, E. N. . (2024). The Role and Significance of the Economy in the Republic of Uzbekistan. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 4(3), 150–153. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/2676

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