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Research Center Natural Informatics, Russia
*Corresponding author:Bryndin E, Research Center natural informatics, Russia, Novosibirsk
Submission: January 24, 2019;Published: February 26, 2020
Cyclical economy’s financial turnover has investment and accumulation periods. During the investment period, innovative modernization of the economy is carried out by effective competent management, innovative science, creative education, qualified specialists and the high-tech industry. Ecological modernization of the economy gradually increases the solvent demand of the population and contributes to the emergence of new goods and services. The economy is smoothly moving into the accumulative period. Mass robotic production and sale of new goods and services begins. There is accumulation of the capital. Over time, the population is saturated with new goods, and the purchasing demand of the population is gradually decreasing. The economy is smoothly cyclically moving into the investment period of innovative ecological modernization of the economy. The financial turnover of the cyclical economy through reinvestment of its savings increases the rate of ecological modernization of production.
Keywords: Cyclical economy; Competent management; Investment period; High-tech industry, Ecological development; Qualified specialists; Accumulative period
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