Credit and the Intensification of Production

When evaluating the place of credit in the system of socialist economic laws and categories, it is important to consider its role in the development of the intensification of social reproduction and in increasing its effectiveness. Even though credit functions in a number of socioeconomic formations, its content is increasingly saturated with elements that characterize its socialist nature and is more completely permeated with the relations of planned development. Credit is becoming the material agent of directly social relations.