E3S Web of Conferences (Jan 2023)
Financial support for agricultural business subjects in the innovative development of the economy
Abstract
In the general system, the structure of the economy manifests itself as a stable, natural interdependence between its elements. When combining financial elements into an integral system, system relations describe the internal characteristics of its constituent financial elements, subject to the general law of the system's functioning. The stability of these relations ensures the effective functioning of the mechanism of financial regulation. In turn, the forms and methods of state regulation of the economy play an important role in achieving these goals and ensuring the fulfilment of the tasks set. At the same time, the quality of the financial mechanism for regulating the activities of economic entities is, firstly, the sum of a complex of regulatory mechanisms, i.e., the totality of legislative, financial, budgetary and tax, monetary, etc., and is determined by the influence on the levels. This article provides information that the purpose of state regulation of the activities of business entities is to protect the interests of the state, society, business entities and employees, as well as ensuring the rights and freedoms of the individual, creating conditions for the development of independent entrepreneurship and healthy competition, which is the basis of the state.