Competition. Tools and methods of state regulation of the economy (the most important)

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Competition. Tools and methods of state regulation of the economy (the most important)

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44. Tools and methods of state regulation of the economy

Tools the forms of state influence on the economic process are called, these include legal legislation, state control over stock exchanges, and audit activities.

Legal legislation. Formation of laws, laws of functioning of various joint-stock companies, laws of relations between various joint-stock companies. Determines the right of inheritance, appropriation of other enterprises. Includes antitrust laws.

Exchange control. Control over all types of exchanges, determining the conditions for the formation of exchanges, the implementation of exchange processes, the relationship of exchanges with each other, the formation of the price of securities.

Audit activities. In order to identify how the company complies with the laws adopted by the state. It is carried out by auditors who have very high requirements.

Methods the methods of state influence on the economic process are called.

Direct have a direct impact on some market, industry, etc.

Indirect have a global impact on the entire economy (everyone takes them for granted), are associated with the direct financing of regions, industries, through the budgetary tax and monetary system. Through the fiscal system, the state has an impact on the economy, differentiating tax rates, canceling and introducing new taxes, applying, establishing, canceling benefits. An increase in taxes means a decrease in the possibilities of production and vice versa.

tax multiplier. Types of taxes: income tax; property tax; for income growth; vice versa; excises. Tax revenues are one of the sources of expenditure from the state budget. They influence the production process. The policy of regulation with the help of taxes and expenditures of the state budget is called fiscal policy. 2 types are considered: discrete - the application by the state of a decision on the development of special. programs, control over their implementation; internal stabilizers.

Methods of direct regulation of production - direct support by subsidies; the behavior of macrostructural shifts through the development and financing of scientific and technical progress; financing of economic programs; financing of social spheres; introduction of standards, for non-compliance - sanctions; government orders on a competitive basis.

Forms of state regulation of the economy. Forms should be understood as the main directions of state influence on the economy.

Author: Ilyina V.N.

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