THE ROLE OF CREDIT IN MODERN LEGAL SYSTEMS

Authors

  • Dalibor Krstić Docent, Visoka s kola za menadz ment i ekonomiju, Kragujevac, R. Srbija Author
  • Bojan Brajković Doktorant na Univerzitetu za poslovne studije, Banja Luka, Republika BiH Author

Keywords:

credit, legal systems, society

Abstract

The role of credit, that is, the credit system in the capitalist economy is very complex and multifaceted. We have already said something about loans as an essential feature of the entire system of production under capitalism. We have seen that modern credit gradually developed and branched out more and more, creating different forms of credit relations, which are of crucial importance for the functioning of the entire economic mechanism. Here, it is understood, we cannot analyze all aspects of the complex credit system and credit relations, but only the basic characteristics and more important functions.

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References

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Published

2022-12-31

How to Cite

Krstić, D., & Brajković, B. (2022). THE ROLE OF CREDIT IN MODERN LEGAL SYSTEMS. The Journal Law Review of Public Sector, 2(2), 32-41. https://rpjs-journal.com/index.php/rpjs/article/view/25

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