Socio-economic reasons for the formation of economic culture in society

In today's social development, people are vulnerable to fraud and changes occurring in the real economy at the micro and macro levels. These processes contribute to a greater stratification of society between «rich» and «poor» and increase social tension. Income and wealth inequality is growing, as evidenced by data from the Federal State Statistics Service. To address these issues, the government is actively involved and implementing a targeted policy of socioeconomic support for vulnerable groups. Technological advances, the growing number of financial instruments, and changing operating conditions for economic entities are leading to the devaluation of human capital. There is a growing need for relevant knowledge. The role of education and the applied knowledge of teachers is increasing. At the state level, targeted educational and awareness-raising efforts are being conducted, as outlined in the «Strategy for Improving Financial Literacy and Forming a Financial Culture through 2030». Elements of financial literacy have been integrated into federal state educational standards, and a set of teaching materials for teachers and students has been developed. The article provides a semantic description of economic culture and describes the most pressing socio-economic reasons for its formation in society.