Resource saving - the basis of economic growth

  • Mamadalieva N.A Associate Professor, Candidate of Economic Sciences, Department of Economics and Management, Navoi State Mining Institute
Keywords: enterprises, legal form, management, organization, product competition, resource, competition market conditions

Abstract

In conditions of a high level of industrialization of the economy, the production process is accompanied by the consumption of a significant amount of resources. Due to the fact that material costs account for more than half of production costs, a decrease in the latter is the most important qualitative indicator of economic development. Saving raw materials, materials, fuel, energy helps to reduce the cost of production and the need for capital investments, the introduction of scientific and technological advances, the establishment of new balance relations and economic balance, an increase in production, and an improvement in the financial situation of enterprises.

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Published
2020-09-18
How to Cite
[1]
Mamadalieva N.A 2020. Resource saving - the basis of economic growth. International Journal on Integrated Education. 3, 9 (Sep. 2020), 208-210. DOI:https://doi.org/10.17605/ijie.v3i9.621.
Section
Articles