THE MECHANISM OF MANAGEMENT OF THE FAMILY ECONOMY – AS A TRIGGER FOR ITS DEVELOPMENT

Abstract

Currently, the family economy in the Russian Federation is a crucial important socio-economic institution. The Government of the country is taking various systemic measures aimed at developing the family economy. Currently, the independence of the family in self-government by its well-being and well-being is a peculiar characteristic of the effectiveness of public administration. Within the framework of this study, the hypothesis is considered that the family and its household, being a full-fledged sphere of economic activity of the country, can and should possess knowledge about the modern mechanism of managing the family economy, adapted to a specific typology of the family. The purpose of this article is to form and describe a model of the family economy management mechanism that is universal for various typologies of families. The research employed general scientific methods, including synthesis and analysis of information sources, conceptualization of family economy management issues through SWOT analysis, and an objective-subjective assessment of statistical indicators. These methods serve as a methodological bridge, facilitating the transition from an objective quantitative economic assessment of living standards to an objective-subjective evaluation of various aspects of family life from the perspective of economic development management. In accordance with the set goal and the designated tasks of studying and disclosing the research topic formulated in the form of sections of the article, the following scientific and practical results were achieved: the role and place of the independence of the family economy in the state economic system were identified; the tools that determine the choice of a model for managing the economic behavior of families based on a system of interrelations of objective and subjective A mechanism for managing the family economy is proposed with a description of the tools included in it, using which it becomes possible to increase the potential and ability to develop the family and its own resources. The proposed ideas will help to correspond with certain internal sources of formation of the economic potential of the family.