SIGNIFICANCE AND PECULIARITIES OF ECONOMIC RELATIONS OF MARKET ECONOMY SUBJECTS

Abstract

Economic relations can be interpreted as a complex of mutual relations that arise between independent economic entities in the process of their activities related to the production of products and their promotion to consumers. The effectiveness of the implementation of economic ties depends on the adjustment of the domestic economy to market rails, the competitive environment in the economy, the quality and transparency of normative and legal regulation. An effective mechanism for the implementation of economic relations allows business entities to achieve their goals in economic activity, thanks to which a significant share of added value in the national economy is formed. The problem of balancing production and consumption, already traditional for our country, is solved to a large extent thanks to the mechanism of implementation of economic relations. Ensuring the efficiency of economic activity requires an adequate response to changes in the influence of external environmental factors, an accurate assessment of positive and negative trends in the national economy in general and the industry, in particular, the activities of competitors, and on this basis the formation of balanced, justified business relations with counterparties. The article examines the content and features of economic relations of subjects in the conditions of the market environment. The dynamics of the number of active business entities were studied. Factors affecting the formation of economic ties in the national economy are considered. Based on the results of the study, a conclusion was drawn about the importance of further simplification of state regulation of the formation of economic ties and the establishment of an effective and transparent mechanism for their implementation, both in the field of public procurement and directly in relation to the interaction between independent economic entities.