International Journal of Early Childhood Special Education (INT-JECS)
ISSN: 1308-5581 Vol 14, Issue 04 2022
2509
DOI: 10.9756/INTJECSE/V14I4.348
property to earn a certain amount of income (profit). a group of people living together on the basis of childhood and
birth.
The transformation of the family economy into a microeconomic entity is also
directly related to their
entrepreneurship. Family business is a freely chosen legal activity in which family members participate based on
family property and to a certain extent provide income (profit) and social benefits to the family.
In order to fully analyze family business activities, it is necessary to focus primarily on property relations.
Property relations are economic relations related to the development of wealth in society.
Property is, firstly, the
relationship between a person and an object or thing that is wealth, and secondly, the
relationship that occurs
between people in terms of wealth. People can assimilate things as their own, because in society it is impossible to
assimilate what is alien. The fact that wealth belongs to oneself or to someone else makes people property or non-
property and creates certain connections between them. Everyone makes a living from their property.[6]
The basis of family business is private property. Private property has existed since ancient times and has
undergone a very long historical development process. [5] The formation of a multi-sectoral economy in the
country, the creation of its socio-economic foundations and the system of state support for this process is one of the
main directions in today's comprehensive economic reform strategy. The elimination
of the monopoly of state
property in the social structure of the economy and thus the development of a free competitive environment will
ultimately lead to the creation of a non-governmental sector of social production. In the context of market relations,
the level of development of the private sector is considered to have both economic and socio-political significance.
The socio-political significance of the development of the private sector is directly related to the emergence of
different strata of property in society. This process will undoubtedly play an important role in
the emergence of a
democratic state based on the rule of law in the country.
Family business plays an important role in ensuring the continuity and stability of the economy in terms of its
scale. The impact of family business on the economy includes a number of economic, social, cultural, educational
and other aspects. We will focus only on the features that are economically important, which are:
a. The rise of the position in the organization of jobs. At the same time, the increase in the share of jobs created by
family businesses:
Additional salaries, some low benefits;
About 25% of jobs are formed in the established working day;
Diversity of staff;
b. Introduction of new goods and services. This is a very important indicator;
c. Meeting the needs of large enterprises. [4]
The role of family businesses is high in selling the products of large enterprises, helping them to form on the
basis of market requirements. In turn, large emerging firms consider it effective to establish
contacts with small
suppliers in their economic strategies. Because they have the property of flexibility. Family business also plays an
important role in the production of components for large enterprises. For example, family businesses may adapt to
the production of components for an automobile plant in Asaka;
d. The task of providing special goods and services. Family business entities play a leading role in meeting the
special needs of customers.
This is due, firstly, to the fact that the special demand does not have a mass
character and its organization in large-scale production is inefficient, and secondly, to the existence of "specific"
desires of unlimited buyers. family business also plays an important role in satisfying these desires.
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