What is the role of economic activity in the life of society?

univerkov | July 7, 2021 | education

1) What is the role of economic activity in the life of society? 2) How does the market regulate the economy? 3) Why does the state interfere in the economy?

1) Firstly, economic activity plays a dominant role in the life of the state and is the foundation of society. Thirdly, economics is the basis of the scientific and technological process. Secondly, economic activity provides people with material benefits. Fourthly, it examines a person and his activities.

2) The market regulates the economy through competition.

3) The state intervenes in the country’s economy to maintain stability, economic growth and economic efficiency.

One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.