Super Useful Tips To Improve Michael Leland

Scientific works in the theories of michael leland and credit, based on the specification of the study object, are characterized to be many-sided and many-leveled.

The definition of totality of the economical relations formed in the act of formation, distribution and usage of finances, as money sources is widely spread. For example, in "the general theory of finances" there are two definitions of finances:

1) "...Finances reflect economical relations, formation of the funds of money sources, in the act of distribution and redistribution of national receipts based on the distribution and usage ".This definition is given relatively to the conditions of Capitalism, when cash-commodity relations gain universal character;

2) "Finances represent the forming of centralized ad decentralized money sources, economical relations relatively with the distribution and usage, which serve for fulfillment of their state functions and obligations and also provision of the conditions of the widened further production ".This definition is brought without showing the surroundings of its action. We share partly such explanation of finances and think expedient to create some specification.

First, finances overcome the bounds of distribution and redistribution service of the national income, although it is just a basic foundation of finances. Also, formation and usage of the depreciation fund that will be the part of financial domain, belongs not to the distribution and redistribution of the national income (of newly formed value throughout a year), but to the distribution of already developed value.

This latest first is apparently part of value of main industrial funds, later it is moved to the price price of a ready product (that would be to the worthiness too) and as a result of its realization, and it is set the depression fund. Its source is taken into consideration before hand as a depression kind in the consistence of the ready products cost price.

Second, main goal of finances is significantly wider then "fulfillment of their state functions and obligations and provision of conditions for the widened further production ".Finances exist on their state level and also on the manufactures and branches'level too, and in such conditions, when the absolute most the main manufactures are not state.

V. M. Rodionova features a different position relating to this subject: "real formation of the financial resources begins on the stage of distribution, when the worthiness is realized and concrete economical forms of the realized value are separated from the consistence of the profit ".V. M. Rodionova makes an accent of finances, as distributing relations, when D. S. Moliakov underlines industrial foundation of finances. Though both of them give quite substantiate discussion of finances, as a system of formation, distribution and usage of the funds of money sources, that comes from the following definition of the finances: "financial cash relations, which forms in the act of distribution and redistribution of the partial value of the national wealth and total social product, is related with the subjects of the economy and formation and usage of their state cash incomes and savings in the widened further production, in the material stimulation of the workers for satisfaction of the society social and other requests ".

In the manuals of the political economy we meet with the following definitions of finances:
"Finances of the socialistic state represent economical (cash) relations, with the help of which, in how of planned distribution of the incomes and savings the funds of money sourced elements of their state and socialistic manufactures are formed for guaranteeing the growth of the production, rising the material and cultural level of the folks and for satisfying other general society requests ".
"The system of creation and usage of necessary funds of cash resources for guarantying socialistic widened further production represent the finances of the socialistic society. And the totality of economical relations arisen between state, manufactures and organizations, branches, regions and separate citizen based on the movement of cash funds make financial relations ".