Abstract

The economic system of any country mainly defines and predetermines the essence of that social order and its driving forces. The production and economic relations formed within the society and, first of all, the flows of distribution and redistribution of national wealth and income are predetermined based on the property rights of people and different groups over the means of production. Especially the inequality of wealth and income within society, which deepens and expands with time due to that circumstance. Nevertheless, economic growth and its pace are of decisive importance for ensuring socio-economic acceleration and solving many problems. And, although the role of the economic system in sustainable development and social cooperation is great, Russia's 140-year economic history and implemented economic policy prove that the professional skills and experience of those implementing economic policy, the ability to correctly navigate difficult situations and find appropriate solutions, are of great importance.

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