This article is devoted to the country's economy, as well as the contribution of individual regions to its development, in particular, the contribution of the Krasnodar Territory to the development of the Russian Federation, taking into account the existing global problems, as well as the events that took place in Russia. Russia, as a large state, has a fairly strong economy, which is provided through the interaction of its individual regions. This paper examines a variety of literary sources of information, as well as books, which allowed for a complete analysis of the economy of the Krasnodar Territory as an important economic region of the Russian Federation. Here is an analysis of an important economic sphere of public life in agriculture – dairy and meat production. In addition, the public sphere of life is briefly studied with a detailed analysis of the state's contribution to the development of youth in individual regions and the country as a whole.