Islamic Economics
ASSIGNMENT OF ISLAMIC ECONOMICS TOPIC ECONOMIC IMPLEMENTATION OF REDISTRIBUTIVE MEASURES OF ISLAMIC SOCIETY WITH REFERENCE TO PAKISTAN
REDISTRIBUTION OF WEALTH Redistribution of wealth is the transfer of income, wealth or property from some individuals to others caused by a social mechanism "such as tax laws, monetary policies, or tort law". Most often it refers to progressive redistribution, from the rich to the poor, although it may also refer to regressive redistribution, from the poor to the rich. The desirability and effects of redistribution are actively debated on ethical and economic grounds. It holds pivotal role in economic growth. In fact it appears that whole economy is based on the concern to make the economy just and stable.
The objective of moderate income redistribution is to avoid the unjust equalization of incomes on one side and unjust extremes of concentration on the other sides. Today, income redistribution occurs in some form in most democratic countries, most commonly through income-adjusted taxes (in which the amount of tax paid is directly connected to one 's income), some of which goes to fund welfare programs to assist the poor[neutrality is disputed] , or to all of society. Progressive income taxes are a widely used method of income
ECONOMICS OF DISTIBUTION OF WEALTH
The economics of distribution signifies the sharing of wealth produced by a community among the agents, or the owners of the agents, which have been active in its production. The theory of distribution is thus concerned with the evaluation of the services
REDISTRIBUTION OF WEALTH Redistribution of wealth is the transfer of income, wealth or property from some individuals to others caused by a social mechanism "such as tax laws, monetary policies, or tort law". Most often it refers to progressive redistribution, from the rich to the poor, although it may also refer to regressive redistribution, from the poor to the rich. The desirability and effects of redistribution are actively debated on ethical and economic grounds. It holds pivotal role in economic growth. In fact it appears that whole economy is based on the concern to make the economy just and stable.
The objective of moderate income redistribution is to avoid the unjust equalization of incomes on one side and unjust extremes of concentration on the other sides. Today, income redistribution occurs in some form in most democratic countries, most commonly through income-adjusted taxes (in which the amount of tax paid is directly connected to one 's income), some of which goes to fund welfare programs to assist the poor[neutrality is disputed] , or to all of society. Progressive income taxes are a widely used method of income
ECONOMICS OF DISTIBUTION OF WEALTH
The economics of distribution signifies the sharing of wealth produced by a community among the agents, or the owners of the agents, which have been active in its production. The theory of distribution is thus concerned with the evaluation of the services
Links: COM CONTENTS REDISTRIBUTION OF WEALTH ECONOMICS OF DISTRIBUTION OF WEALTH ISLAM AND REDISTRIBUTION OF WEALTH OBJECTIVES OF REDISTRIBUTION OF WEALTH ACCRODING TO ISLAM MEASURES TO STOP CONCENTRATION OF WEALTH BENEFITS OF ZAKAT FOR PAKISTAN ZAKAT DISADVANTAGES IF ZAKAT IS NOT IMPLEMENTED PROPERLY IN PAKISTAN EXAMPLE OF IT INTEREST RATE OF INTEREST ISLAM AND RATE OF INTEREST BENEFITS FOR PAKISTAN IF IT IS IMPLEMENTED PROPERLY DISADVANTAGES IF RATE OF INTEREST IS THERE IN PAKISTAN CONCLUSION REFERENCE