Improving the system of financing of small and medium-sized businesses


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Qurbanova T.

vol.0,5, no.4, pp.107-113, 2020 (Conference Book)

  • Nəşrin Növü: Article / Article
  • Cild: 0,5 Say: 4
  • Nəşr tarixi: 2020
  • Səhifə sayı: pp.107-113
  • Açıq Arxiv Kolleksiyası: Rəqəmsal Yaddaş Kolleksiyası
  • Adres: Bəli

Qısa məlumat

Entrepreneurship is one of the important structural components of the civilized market economy. Entrepreneurial activity is an independent initiative of all types of economic activities, including those for the production, sale and service activities that are not prohibited by law for the benefit of individuals and legal entities. Entrepreneurial activity, which is rich in content, types and forms, is a prerequisite for economic and social progress, and the entrepreneurs are the most initiative and agile layer of the society, which is willing to learn and apply into production the scientific-technical innovations. Financial security/provision is one of the most important factors in ensuring social and economic development in the condition of the market economy. In this system, the frontiers of financial relations go beyond the scope of social production and cover other areas of public life. Financial relationships that interfere with every aspect of public life and have their own unique characteristics are often manifested in the monetary position. It must also be admitted that the financial system in our daily real life is accompanied by the absolute cash flow of accepting the form of financial resources. Financial resources, herein, play the role of the financial security carrier.

Keywords: Microfinance, Entrepreneurship, Government, Financial security