DIVERSIFICATION AS AN INDICATOR OF ECONOMIC MODERNIZATION
The paper examines the theoretical and practical problems of economic diversification from the perspective of market relations. The current state of economic diversification in the economic system, especially in the agricultural sector and industry, was studied and, accordingly, a number of scientific theoretical approaches were proposed to further improve the process of economic diversification. In the work, a number of statistical materials are given, which contributed to the analysis of the trend of increasing versatile production of products. The autonomy of the state has enabled greater and more detailed effective use of existing resource capacity. Depending on the level of needs, the population for products and goods will have to build a production process on their request. The paper gives an interpretation of the definition of diversification, which mentions a versatile production process in a multipolar vector based on existing basic natural material resources. During the study period, there were significant changes in the agrarian sector of the economy that the partial abandonment of multiculturalism and their place of cultivation of other crops provide an increase in the share of agricultural products in the structure of GDP. The area of production of other crops was also expanded. During this period, various new industrial enterprises based on a variety of forms of ownership and management were created, in addition, food security and energy security were ensured, which ensures the level of production in industrial enterprises. The system of the national economy has free economic zones that contribute to the development and diversification of industrial products. The creation of such economic entities acts as structuring for the diversification of the economy.