PRINCIPLES OF MARKET ECONOMY AND ITS DEVELOPMENT PROSPECTS

Authors

  • Urunbaeva Yulduz Pirnazarovna,Khaitov Nurkamol Nurali ugli,Hamroyev Hamidjon Homidjonovich Samarkand Institute of Economics and Service, Associate Professor, Department of "Economic Theory", Doctor of Philosophy in Economics,Student of the Faculty of Economics, Samarkand Institute of Economics and Service,Student of the Faculty of Economics, Samarkand Institute of Economics and Service

Keywords:

Market economy, private property rights, supply and demand, price mechanism, free competition, digital economy, innovation, global integration, sustainable development, social equality.

Abstract

This article analyzes the fundamental principles of the market economy system, its development factors, and prospects. The market economy operates on the basis of the balance of supply and demand and is founded on principles such as private property rights, free competition, and the price mechanism. The article examines legal, institutional, and financial factors influencing the development of the market economy. In the modern era, digital technologies and global integration are taking the market economy to a new level, while the need for environmental sustainability is shaping its future development directions. The author highlights issues of innovative economy, social equality, and regulation of the digital economy as key prospects for the development of the market economy. This article may be beneficial for specialists conducting research in economic theory as well as for students and researchers studying contemporary trends in the market economy.

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Published

2025-01-14

How to Cite

Urunbaeva Yulduz Pirnazarovna,Khaitov Nurkamol Nurali ugli,Hamroyev Hamidjon Homidjonovich. (2025). PRINCIPLES OF MARKET ECONOMY AND ITS DEVELOPMENT PROSPECTS. Journal of Applied Science and Social Science, 15(01), 66–70. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/511

Issue

Vol. 15 No. 01 (2025): Volume 15 Issue 01

Section

Articles

License

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