Mixed economic system

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Mixed economic system

  1. 1. MIXED ECONOMIC SYSTEM VSISLAMIC ECONOMIC SYSTEM Group 3
  2. 2. MIXED ECONOMIC SYSTEM W AT? H com om se bet w pr i een capi t al i sm and soci al i sm i t t akes t he val uabl e of bot h. , M aysi a, I ndonesi a, Thai l and, Spai n al
  3. 3. CHARACTERISTICS Coexistence of Public and Private Sector Government Regulation and Prices Government Regulation and Market Imperfection Government Intervention and Income distribution Public Sector and Social Objectives Promotion of Private Sector Deregulation, Liberalization and Privatization
  4. 4. ADVANTAGES People can make their own decisions The government has limited control which is good for structure Provides freedoms All national resources are utilized under mixed economy. Mixed Economies have active government support and direction.
  5. 5. DISADVANTAGES efficiency property reduces in progressively higher degree encourage more state monopolies often turn into closed economies hindering international trade and globalization incentivise corruption and political- bureacracy-capitalist nexus enjoying at the cost of the citizens
  6. 6. ISLAMIC ECONOMIC SYSTEM its salient features and important values can be discussed. It is also a blend of natural features present in Capitalism.
  7. 7. CHARACTERISTICS Equitable distribution of Income Prohibition of Interest Spending in a way of Allah Protection of Rights Provision of justice Equality of Opportunities No Gender and Ethnic Discrimination
  8. 8. THE ENDTHANK YOU

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