Economic essence and role of investments in the reproduction process of the agricultural industry

Agriculture has been and remains the main link in the economic development, the foundation of the well-being of society and the state. Strategic issues related to the country's food supply remain unchanged. Consequently, the country’s food security and, in general, its future directly depend on how sustainable the level of production is in the agricultural sector of the economy. The need for a continuously repeating process of recreating material goods and services to meet people's needs is present in any socio-economic formation. This is quite reasonable, since during the reproduction process each product or service is systematically consumed, gradually loses its consumer properties and, accordingly, requires replacement. The main guideline of the reproduction process in the agro-industrial complex is the satisfaction of consumer demand, which is beneficial to both society and the industry. Increased demand is an incentive for expanded reproduction and increased income, part of which must be invested, which will ensure the efficiency and sustainability of the functioning of the agro-industrial complex. The presented scientific article indicates the specific features of agriculture that distinguish it from the list of other sectors of the economy and directly affect the stability of reproductive processes in this industry. Various approaches to the interpretation of the process of reproduction in agriculture are noted, a classification of types and types of reproduction with their distinctive characteristic features is presented. The work notes the key role of investment in the reproduction process - replenishing it with resource potential. Some approaches to understanding the economic essence of reproduction and its distinctive features at the macro and micro levels of the economy are considered and generalized. In the course of research, it was established that investment in relation to the reproduction process takes a dual position.