THE SIGNIFICANCE OF ECONOMIC THEORY IN KNOWING AND SOLVING PROBLEMS OF ECONOMIC DEVELOPMENT OF THE REPUBLIC OF UZBEKISTAN

Abstract

In recent years, the desire to carefully study the inner secrets of the market
economy, its true form, has increased. It would be wrong to explain it only by economic
hardship. In the process of transition to free market relations, laws, concepts, economic
management mechanisms, methods, and principles that were not familiar to us before
have entered. New social groups and strata were formed, consisting of owners,
entrepreneurs, traders, shareholders, bankers, stock exchange owners and employees,
managers, brokers and market economy practitioners.