SOCIAL FACTORS SUPPORTING ENTREPRENEURSHIP IN UZBEKISTAN

Abstract

The article analyzes the conditions created to support entrepreneurship in the context of reforms in our country, the institutional framework adopted by the state, and social factors influencing their development. The article reveals the concept of entrepreneurship, its functions, elements, as well as the influence of private entrepreneurship on the development of society. In particular, when explaining the concept of entrepreneurship, special attention is paid to the fact that this activity is a complex process and attention is drawn to the fact that it is not a one-way process. Entrepreneurial activity includes various relations in society, that is, interpersonal, intergroup, interinstitutional and social relations. For this reason, in conditions of market relations, entrepreneurship plays a key role, being not only the main source of income for members of society, but also the basis for the economic development of the state.