resources of science Infinitely, th• major direction of Increasing Its effectiveness In the future will be Intensification of the research process on the basis of Improving the equipment of science with automatic devices and other up•to­ Qate means of research, Implementing measures for reducing the number of workers at scientific organl1atlons end Institutions ad at those of scientific maintenance. Considerable reserves for rising the effectiveness of sclentlftc•research and expertmental•deslgnlng developments In the country are associated with the expansion of International cooperation In science, primarily with the CMEA member-countries. labour division In science. special lzatlon of the countries for the solution of Individual sclentlflc•technlcal problems mekes It possible to accelerate greatly the development of advanced technologies. articles and materials, and to reduce the expenditures of each country for financing large•scele projects. The entire complex of measures for the further development of the scientific potential of the country will make It possible to accelerate the rate of socio-economic development of the USSR. FINANCING SCIENTIFIC RESEARCH WORK INTRODUCTION The scientific and technological revolution has Increased the dependence of economnlc and social development of the societY and our knowledge of the nature of the society. Developoment of this knowledge and Its utilization to achieve national economic effect Is determined by the value of available resources. Scien­tific _activities and Introducing their results In all the spheres of social life also require considerable amount of resources. Financing of scientific and technological progress Is based on a system of forms and methods of the uti I lzatlon of financial resources to achieve accelerated S and T development and lntrodu~ ctlon of Its results In the production. The principles governing the determination of volume of financial resources and their allocation, selection of mode of financing • play a major role tn the acceleration of scientific and technological progress. Fina­
**Analysis**
The text appears to be discussing the importance of financing scientific research and its role in accelerating socio-economic development. It highlights the need for international cooperation and the use of advanced technologies to achieve this goal. The text also mentions the importance of resource allocation and the utilization of financial resources to achieve this objective.

**Category**
Economic development, Science and technology