The Concentration of Capital as a Reason for the Accelerated Development of the Economic System

Abstract

Recently, much attention is paid to the relationship of accelerated development of the economy and the growth of the welfare society, assessment and factors influencing its development. Concentration of resources and capital is the starting point of accelerated economic development. At the same time the dominance of any form of capital available. The successful combination of the names of all forms of capital leads to the emergence of innovation, which in turn contribute to the development of not only the production sector, but also the economic system as a whole at a faster pace. This increases the quality of life and increasing well-being of the population.