Financial Resources of Agricultural Manufacturers in Ukraine – Historical Experience and its Modern Role

Abstract:

The use of historical experience is an important component of the modern economy reforming in Ukraine. The reforms of the second half of the XIX - early XX centuries are particular importance. Their immediate result was the creation of an extensive credit system for agricultural producers, which  was very effective at that time. The article describes the main types of financial resources used by agricultural producers in Ukraine at the turn of the XIX – XX centuries. The analysis of statistical data confirms the idea of the extraordinary vitality of small family-owned agricultural enterprises, in which there has always been the possibility of replenishing a modest budget through both economic activity and handicraft industries, as well as loans of different origins. The use of historical experience can be extremely useful for increasing competitiveness in both domestic and foreign markets.