SPM Economics Practice Questions - Sijil Pelajaran Malaysia (SPM) Ekonomi Economics (3767) Exam

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Which feature distinguishes the Islamic economic system (sistem ekonomi Islam) from both the free market and central planning systems?

Economic activity must comply with Syariah, and zakat redistributes wealth All factors of production are owned solely by the government Prices are fixed entirely by a central planning board Profit maximisation is the only objective of producers

Correct Answer:

Economic activity must comply with Syariah, and zakat redistributes wealth

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