The Relationship between the Evolution of Finance and Modern Socioeconomic Problems

Abstract

This study represents an in-depth and comprehensive analysis of the relationship between the evolution of finance and the solution of modern socio-economic problems. The article examines various aspects of this relationship, starting with a consideration of the distribution of financial resources for the development of social structure, the fight against inequality, and also ending with a study of the influence of finance on the development of entrepreneurship. In addition, the article provides a detailed analysis of historical events that had a significant impact on the formation of the modern financial and socio-economic structure of society. There is a deep understanding of how financial system development can improve social welfare and economic growth by financing social programs and supporting sustainable economic development. CZU: 336.11:332.012.2; JEL: B17, F65, G18