Prospects for Forming an Alternative Financial System

  • Burkhanov Aktam Usmanovich Tashkent State Economic University, Doctor of Economics, Professor, Dean of the Faculty of Finance and Accounting
  • Nizomiddinov Jahonmirzo Zukhriddin o’g’li Tashkent State Economic University, Faculty of Finance and Accounting, 1st year student of group MGF-01
Keywords: Entrepreneur, financial market, economic development, alternative finance, insurance, public finance

Abstract

Legal and financial relations in the conditions of a free market economy new by individuals voluntarily pooling their resources to the establishment of business entities and previously established ones leads to the expansion of the scope of activity through the financial market. Exactly in the financial market, which is distributed to various sectors of the national economy the main part of the income is formed, and these incomes are of economic development and serves as the main source of social development.

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Published
2023-09-25
How to Cite
Burkhanov Aktam Usmanovich, & Nizomiddinov Jahonmirzo Zukhriddin o’g’li. (2023). Prospects for Forming an Alternative Financial System. International Journal on Economics, Finance and Sustainable Development, 5(9), 180-186. Retrieved from https://journals.researchparks.org/index.php/IJEFSD/article/view/4807