SYSTEM OF ASSESSMENT OF ECONOMIC EFFICIENCY OF AGRICULTURAL PRODUCTION

Abstract

Without an objective assessment of the various phenomena occurring in agriculture, it is impossible to increase the efficiency of agricultural production in the context of constant intensification. Such an assessment is not possible on the basis of a single criterion of economic efficiency. The production process needs excellent indicators that reflect the impact of various factors. Only a system of indicators allows for a comprehensive analysis and reliable conclusions about the main directions of increasing the economic efficiency of production. Using a system of indicators, we can define the main (specific) or auxiliary criteria, give a general and quantitative description of economic processes related to production efficiency.