Economics in the Real World

which economic system grows under instability

• Socialism

• Communism

• Capitalism

• Mixed eco system

which economic system is prevailing in Pakistan these days

• Capitalism

• Socialism

• Mixed economy

• Islamic economic system

who is exploited under capitalism

• Labourers

• Landlord

• Government

• Entrepreneur

which economic system negate economic freedom for the mankind

• Capitalism

• Socialism

• Communism

• Mixed economy

Who takes the basic decisions under capitalism

• Government

• Planning commission

• Entrepreneur

• Consumer

the basic philosophy of capitalist system is

• economic freedom of human being

• Economic slavery

• Economic exploitation

• Economic stability

who should be held responsible for the provision of basic necessities of life under Islamic economic system/interest free economic system

• Government

• Entrepreneur

• Parents

• State

socialism provides guaranteed to fulfill basic needs of human beings but at which price/ cost

• Economic freedom of human being

• Economic exploitation

• Economic stability

• Economic freedom

Main objective of economic system in islam

• Materialism

• Good deeds/ajr

• Profit purposes

• Welfare in life n hereafter

Interest free economy is implemented under

• Islamic economic system

• Capitalism

• Socialism

• Communism