A SYSTEMATIC APPROACH TO EVALUATING THE DEVELOPMENT OF THE ECONOMIC SYSTEM
DOI:
https://doi.org/10.33042/2522-1809-2024-5-186-7-12Keywords:
systematic approach, economic system, analysis, innovation, economic system development, sustainable developmentAbstract
The article discusses the theoretical approach to an economic system’s functioning and the systematic approach to analysing the economic system’s functioning. It considers three ways of economic system development: extensive, intensive, and innovative. The study defines the principles of innovative system development and investigates the properties of the economic system and its functioning in a competitive environment.
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