THE CONCEPT OF AGRIBUSINESS, ITS FUNCTIONS AND SYSTEM CHARACTERISTICS
Abstract
This article analyzes the theoretical foundations of the concept of agribusiness, its economic content, and its role in the modern agrarian economic system. The formation of the agribusiness system, its structural components, main functions, and characteristics as an economic system are examined based on scientific sources. In addition, the production, social, investment, and innovation functions of agribusiness, as well as the integration processes between agriculture and industry, are analyzed. The research findings indicate that the agribusiness system represents a complex economic structure that includes agricultural production, processing, logistics, marketing, and trade activities. The article also highlights the importance of agribusiness in ensuring regional economic development, food security, and employment in rural areas.