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Journal number 1 ∘ Qristine (Ketevan) Kuratashvili
ECONOMIC THEORY AND THE VALUE OF THE CULTURE FACTOR FOR THE EFFECTIVE FUNCTIONING OF SOCIETY AND THE STATE

Expanded Summary. 

In scientific work, in connection with economic theory, the importance of the factor of culture for the effective functioning of society, the state and humanity as a whole is considered, for culture, and in particular, spiritual culture, according to the author, is the ideological basis for the effective functioning of society and the state.

It is noteworthy that education – as a culture, science – as a culture, as well as legal culture and managerial culture, are considered by the author as a cultural factor, moreover, – as a predominantly directly acting cultural factor, while artistic culture, according to the author, is presented as a predominantly indirect acting cultural factor.

Therefore, there can be no doubt that the factor of culture as a predominantly directly acting factor of culture, as well as a predominantly indirectly acting factor of culture have an impact on the social-economic development of society and the state.

Particular attention in the scientific work is drawn to the fact that the cultural factor significance acquires fundamental importance for the effective functioning of market relations and, in particular, for the social orientation of these relations.

At the same time, for the effective use of the cultural factor, it is necessary to create social-economic and legal conditions for ensuring the functioning of the cultural factor – as the ideological basis of the progressive development of society and the state.

And in this matter, state power should play a crucial role, which should create the above noted conditions for the effective use of the cultural factor, which is a necessary basis for the effective functioning of society, the state and humanity as a whole

Culture as a factor in social-economic progress, shows its special significance through the development of science and education, because without this there can be no real and effective progress.

However, the development of science and education as a spiritual culture requires fundamentally new approaches in the conditions of market relations so that they contribute to the social orientation of a market economy.