Social mechanisms for ensuring sustainable innovative development of the economy in the conditions of the fourth industrial revolution

Social mechanisms of development appeared synchronously with the emergence of economic activity. The fundamental difference between modernity and the previous periods is that in it social processes influence the economic, but also noneconomic conditions of society, as well as the behavior of the individual as a whole. Sustainable innovative development of the economy is largely determined by the socio - legal structure of society and the level of efficiency of continuous well - being, which form the basis of social mechanisms.