16. Types of the market:

1. Consumer market in the country until recently was organized by the state and cooperative enterprises of trade, public catering, collective and individual markets underdeveloped forms as private. It includes food markets, transportation, the services market of culture, education and health care.

2. The housing market in this country until recently existed in the form of purchase and sale of private homes, villas and other possessions of this kind, which can be sold or bought.

3. The labor market. In our economy workforce there was not an object of free sale in connection with its planned distribution, extra-economic coercion and state wage rates, the lack of a free system if hiring and layoffs.

4. The investment market is one of the varieties of the money market, which are subject to the market relations investment.

5. The securities market is closely linked to the capital market, because it represents an actual title of the property in the capital- stocks, bonds, notes and other liabilities.

6. Money market/ in a very limited form of currency the market covers only the sphere of foreign economic relations. The normal functioning of this market requires the creation of the stock and currency exchanged, which will be sold, and currency for rubles at the global, national, free and auction rate.

And etc.

16. Origin, nature and function of money There are different concepts of money: the rationalist and evolutionary. The rationalist conception explains the origin of money as a result of an agreement between the people, making sure that the values for the movement in the exchange of goods requires special tools. Evolutionary origin of the money concept is the result of the social division of labor, exchange and exchange of commodity production.

17. Classification of money.

Metallic money:

Standard money

Face value = Hidden value

Token money

Face value >Hidden value

Subsidiary money

payment cannot exceed more than 25 in coin.

Paper money

1. Representative money

Slip issued against commodities and metals which was used as money

2. Convertible paper money

Slip issued against gold where face and hidden values was equal

3. Inconvertible paper money

we cannot change from reserve as face value less than hidden value.

4. Fiat money

Color Money issue during any emergency to over come the deficit and it become useless after that emergancy.

16. Primary and secondary functions of money

Primary functions:

• Unit of account

• Medium of exchange

Secondary functions:

- Store of value

- Standard of defer payments

- Easy transfer of value

16. The essence of entrepreneurship and its feature

Entrepreneurship is an activity that is related to an equity investment in order to profit from a combination of self-interest with the common good.

The main features:

• Autonomy and independence;

• Economic interest in obtaining the greatest possible profits;

• Economic risk and responsibility.

16. Definition of company and type of the companies

Company it is an association or collection of individuals, people who share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.

Types of legal entities:

• general partnerships,

• limited liability

• partnerships,

• partnerships with additional liability,

• commandite partnerships,

• joint stock companies (corporations)

• representative

• and branch offices.

• Branches and representative offices of foreign legal entities are also common