Finance, Credit, Investments — Economical Categories

Scientific works in the hypotheses of finances in addition to credit, according to the specification with the research object, will be characterized to be many-sided and many-leveled.

The meaning of totality of the economical associations formed in the process of creation, distribution and usage of finances, as cash sources is commonly spread. For illustration, in “the common theory of finances” you will discover two descriptions of finances:

1) “… Finances indicate economical relations, creation with the funds of money sources, within the process of distribution and partage of national invoices according to the distribution and usage”. This definition has relatively to the conditions involving Capitalism, when cash-commodity relations gain general character;

2) “Finances represent the formation of centralized ad decentralized money sources, affordable relations relatively using the distribution in addition to usage, which function for fulfillment with the state functions plus obligations and furthermore provision of the conditions from the widened further production”. This specific definition is introduced without showing the particular environment of their action. We reveal partly such reason of finances and think expedient to be able to make some requirements.

First, finances conquer the bounds regarding distribution and redistribution service in the nationwide income, though this is a basic first step toward finances. Likewise, formation and use of the fall fund which is the particular part of economic domain, belongs certainly not to the distribution and redistribution of the national income (of newly produced value during the year), but to the particular distribution of already developed value.

This latest first shows up to be a part of associated with main industrial money, later it will be moved to the price price of an all sety product (that would be to the value too) along with its understanding, and it is set typically the depression fund. The source is obtained into account beforehand as a depressive disorders kind in typically the consistence with the all set products price range.

Next, main goal involving finances is substantially wider then “fulfillment with the state features and obligations plus provision of circumstances for the widened more production”. what are financial products services can be found within the state degree and in addition on typically the manufactures and branches’ level too, and in such conditions, when the many area of the manufactures will be not state.

Sixth is v. M. Rodionova offers a different placement about this subject: “real formation involving the financial resources begins on the phase of distribution, if the value is understood and concrete affordable forms of the realized value happen to be separated from the consistence of the profit”. V. M. Rodionova makes an highlight of finances, while distributing relations, when D. S. Moliakov underlines industrial foundation of finances.

Although both of them give quite confirm discussion of money, as a method of formation, supply and use of the particular funds involving options, that is released of the following meaning of the finances: “financial cash relations, which often forms in the particular process of distribution and redistribution regarding the partial value of the national wealth and total social product, is related with the subjects associated with the economy and formation and utilization of the point out cash incomes plus savings in the widened further manufacturing, in the stuff stimulation of typically the workers for fulfillment of the society interpersonal along with other requests”.

In the manuals regarding the political economic climate we meet along with the following definitions regarding finances:

“Finances regarding the socialistic point out represent economical (cash) relations, by making use of which in turn, in the way of planned distribution of the profits and savings typically the funds of money types of the point out and socialistic companies are formed with regard to guaranteeing the growth associated with the production, increasing the material in addition to cultural level of the people and for satisfying other general society requests”.

“The system of creation and usage of necessary funds regarding cash resources regarding guarantying socialistic increased further production represent precisely the finances involving the socialistic culture. And the wholeness of economical contact arisen between express, manufactures and agencies, branches, regions in addition to separate citizen in line with the movement of money funds make economic relations”.
As we have seen, definitions regarding finances made by financiers and political economists usually do not differ greatly.

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