THE IMPORTANCE OF THE CONSTRUCTION INDUSTRY IN THE ECONOMIC SYSTEM AND INDUSTRY CHARACTERISTICS
Keywords:
Construction industry, economic system, infrastructure, capital formation, multiplicative effect, employment, regional development, project management, environmental sustainability, entrepreneurship.Abstract
This article provides a comprehensive analysis of the role of the construction industry in the national economic system and its specific features. The study highlights the role of the construction industry in the formation of fixed capital, the development of production and social infrastructure. It also substantiates the multiplicative effect of the construction industry, its importance in ensuring employment, and its contribution to regional development.
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Published
2026-04-09
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