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The term "economic system"Has not yet been clearly defined. There are different approaches to the definition of this concept. The first of them is technological. In this case, the economic system is a group of contacts betweenare spheres of activity that share labor duties among themselves. The main difficulty here is the search for the ideal order of separation of production, under which organizational and technical relations should exist. A baseline approach. Economic system here it is understood as a set of ways,helping to master certain goods according to existing property. It is necessary at the same time to take into account the dependence of such a complex on the dominant types of property. The next approach is understood by the system as a way of creating some kind of goods (more often material ones) on the basis of existing cooperation between producers and the relationships that are characteristic of them. An important factor is the method of cooperation of producers with their auxiliary means, which can help to form relationships suitable for performing various kinds of operations with goods. Another approach appeared in the Western literature devoted to the study of this issue. The term "economic system"Here is equivalent to the term" economicorder ". This concept is interpreted as a set of normative documents that define the norms of cooperation of the dominant components of the economy (production facilities, small and large enterprises, etc.) .In addition, they identify an integrated approach to the definition of this term. In this case, the economic system is a group of components capable ofwith the help of its own resources and work rules, to provide the society with the necessary goods and services. The main functions of such a system are to develop the production of goods, coordinate the components of the economy, improve the material provision of the population, create additional jobs and create positive factors for the development of the society.