Abstract

The growing importance of the public service sphere is a characteristic feature in the present stage of development of the Soviet economy. Branches serving the public are attracting an ever-increasing percentage of the manpower resources, and their fixed capital is growing at a rapid rate. Paid services are playing an increasingly vital role in balancing personal monetary income and spending. The intensive expansion of the public service sphere, which reflects objective changes in the structure of society's needs, exerts a many-sided influence on the entire course of social production. Improvements in the system of planning, and economic regulation of the public service sphere (and especially of branches) that offer their services mainly in return for payment), are acquiring particular importance at the present time.

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