Types and forms of ownership in the modern economy

The modern world, as we see it and know, has certainly become so in the process of a long evolution. This movement and development has affected all areas of life and the universe, beginning with the development of man himself, as an individual, and ending with rapid technical progress. The development of the economy and production did not stand in place, and the types and forms of ownership changed. Their final outlines and definitions they received already at the turn of the twentieth century. During the twentieth century, changes in the organization of property were not so progressive, as opposed to technological progress, and only a few were transformed and transformed some types and forms of ownership.

What types and forms of property exist today, and which of them dominate in various branches of production and industry?

Property, as a system of economic relations in various spheres of life, involves division into different types and forms of ownership, and from this division depends the harmony of compliance in modern society with social and economic laws. Main types of property:

1. Primitive communal property.
2. Slaveholding property
3. Feudal ownership.
4. Capitalist property.
5. Socialist property.

All types of property exist and define a certain socio-economic system. Today, other than capitalist and socialist, there are no other types of property, and these two types are increasingly less common in the world economy. Therefore, greater importance is given to various forms of ownership, which are closely dependent on existing types of ownership.

In the modern economy there are three forms of ownership:

• Private
• State
• Collective

These forms of ownership function in the modern system of economic relations not in isolation from each other, but taking into account their specific features, invariably intertwining and transforming. As a result, there are mixed forms of ownership, which successfully complement each other and make maximum use of the specific opportunities that are inherent in each form of ownership. For example, forms of ownership in construction, especially in terms of erecting municipal or mass construction, often have a mixed form of ownership.

Each form of property in the modern state has its own spheres of application. For example, state property successfully operates in a sphere where market regulation is limited. State and municipal forms of ownership are also closely intertwined within the framework of one form of ownership - state ownership, and differ only in terms of territoriality, where there is also a regional form of state ownership. This type of property is regulated by local authorities, not the entire state. All property within the framework of state property, municipal or regional, as a rule, can not be sold or transferred to another person. The process of rejection can only be within the framework of privatization, as a result of which individuals become private subjects of various forms of private property.

A very important problem in the development of all forms of state ownership is the overcoming of monopolism, which is characteristic of the administrative and command system. Although the economic phenomenon of monopoly also affected private property, in this case the state has all levers of influence on private capital. Whatever it was, it is private property that is most effective in any business sphere, and only it is a source of human well-being, a guarantor of its independence and freedom.