Abstract
The article discusses the main directions and mechanisms of diversification of enterprises, the use of which contributes not only to the effective development of economic entities, but also to the development of the regional economy, solving the most important social problems facing the state authorities of the constituent entities of the Federation. Highly productive mechanisms for the diversification of enterprises will make it possible not only to become an effective tool for ensuring the progressive economic development of the constituent entities of the Federation, but also to facilitate the transition of the country's economy to an innovative type of development.
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