WAYS OF DEVELOPING SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP IN UZBEKISTAN.

Abstract

The purpose. The rapid development of small business and private entrepreneurship is the main link that ensures the sustainable growth of the economy of any country and is the priority of the economic reforms being implemented. In our republic, ensuring the stability of small business and private entrepreneurship and supporting it is defined as one of the main priorities of the country's socio-economic development.

Methods. The important role of the small business sector in the economy is that it provides a competitive environment in the economy, supplies products and services for large enterprises, creates new jobs, increases the flexibility of the market system, accelerates scientific and technical progress, and mobilizes resources for production is determined by factors such as ensuring the increase in the volume of tax revenues, stabilizing the level of income of the population.

Results. To increase the contribution of small business to the country's economy, to create small industrial zones, to improve the investment environment and competitive environment, to expand the volume of public procurement within the framework of public-private partnership with small business, to strengthen mutually beneficial cooperation between large and small enterprises, involvement of business entities in innovation processes.

Conclusion. Based on the above tables and analysis, small business and private entrepreneurship subjects are able to overcome the world financial and economic crisis relatively easily due to their compact, mobile and quick flexibility, and life shows this. Therefore, it contributes to the development of entrepreneurship in every way. Support is desirable.