The document compares and contrasts mixed economic systems and Islamic economic systems. A mixed economic system blends aspects of capitalism and socialism, allowing for public and private sectors to coexist with some government regulation. It has advantages like individual freedoms and utilizing all resources, but also disadvantages like reduced efficiency and potential for corruption. An Islamic economic system also draws from some capitalist principles but is defined by equitable distribution, prohibiting interest, and spending in a way that follows Islamic principles of justice, equality and non-discrimination.

1. MIXED ECONOMIC SYSTEM
VS
ISLAMIC ECONOMIC SYSTEM
Group 3

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. 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. 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. 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. ISLAMIC ECONOMIC SYSTEM
 its salient features and important values can
be discussed.
 It is also a blend of natural features present
in Capitalism.

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. THE END
THANK YOU