ABSTRACT
The elimination of the private ownership system of the means of production and the establishment of the socialist public ownership system has led to a fundamental change in the social relations of people in the production, exchange, and distribution processes. First of all, the nature of social production has changed. The goal of social production and the means to attain the goal of production have also changed. Thus, the development of socialist production follows different laws from those of capitalist production. Only by correctly understanding and making use of these laws can socialist production be developed with greater, faster, and better results at lower costs.