Socio-Economic Aspects of the Development of Agricultural Enterprises in Irkutsk Region

Abstract

Living standards and the level of socio-economic development are inextricably linked to the economic efficiency of production, distribution, exchange, and consumption of the material goods. The productivity and salary level of agro-industrial enterprises have a decisive influence on the level of agricultural enterprises development and financial capabilities. The article analyzed the impact of the main factors on the workers wages in Irkutsk region agricultural enterprises. The study focused on the analysis of wage dynamics and its impact on productivity in agricultural enterprises. The study concluded that there is a need to develop, strengthen and improve production by creating conditions for the development of industrial and agricultural production, which will lead to the creation of additional jobs and increase the gross domestic product production to provide the population with high quality food products.