MONOECONOMIC MODEL OF POVERTY REDUCTION

Introduction. The article discusses the issue of poverty eradication based on the dual nature of people\u27s economic abilities: labor and entrepreneurship, ways to increase the welfare of citizens through commercialization. Research methods. The article analyzes the term poverty in a monographic way, using the content analysis method to determine the implementation of poverty at the level of 7-M , the qualitative levels of human economic development as a result of systematic analysis, quantitative assessment of human economic development using logical analysis, A comparative analysis of people\u27s living standards was conducted using the Ability \ Income Proportionality Matrix method. Results and discussion. Mono-economic poverty refers to people who are able to work, have low habits and skills, earn little money due to lack of permanent employment, or have no income at all due to unemployment and cannot meet their basic needs at their own expense. model is recommended. The model consists of an input part located on two opposite sides, a part of the process by which these parts interact with each other, and a part of the partial and general result formed by the combination of types of abilities and sources of income . A personal income chain is created on the basis of the employee\u27s salary, self-employment income, entrepreneurial income, investment and income from innovation activities. suitable conditions for The “mono-economic model of poverty reduction” does not enable people to become rich through the development and realization of innate and acquired economic abilities; rather, it is recommended as a mechanism of economic development on the path from poverty to prosperity. Conclusion. In order to reduce poverty in our country in a mono-economic way, it is necessary to take measures to strengthen economic education and upbringing among young people, to organize vocational and entrepreneurial training in mono-centers, to create new jobs based on increasing investment and innovation activit