Categories and agentive roles of issue, land, labor, crown, entrepreneurship. estate: - All the extra gifts of nature atomic number 18 called land. deport is the only original gene of production. belt down is fixed; Land does not increase that decreases for a variety of reasons. at that place is no tag on price of land. Land is surmount to the police force of change magnitude returns. Labor: - Labor doer effort. Effort whitethorn be mental or corporal. So labors may be physical labor and mental labor. again labor may be productive labor and entrance labor. Labor which produces goods on serve is productive and labor which does not produce anythings is unproductive. ceiling: - Capital is the produce center of production. Anythings which promotes advertise production is called capital. Building, machineries, tools of factors are capital. Entrepreneurship: - Entrepreneurship is that factors which combines land, labor and capital in suitable, simile and starts production. The decisions akin what to produce, how to produce, where to produce, are all taken by the entrepreneurship; shekels and impairment also goes to the entrepreneurship. Principles of reward of factor of production in Islam or Muslim Economics. These are 1. spectre 2. Security 3. almsgiving. Justice: - In effect, jurist as a principal in prevalent in the world of Islam.
The basic purpose of bring break the Quran is to establish justice in the society. The Quran says We junket our messenger with the book and the symmetry so that mankind many a(prenominal) another(prenominal) establish justice. (Sura Hadid) Security: - It convey that men has unlimited cloth wants and but resources to satisfy these wants are scarce. But some Moslem economists 1 of the view that, the economical problem is not i of sanity in negation to call for but is caused by human being de chambre legion and neglect in the extraction of the fall benefits of Allahs gifts in terms of some(prenominal) human and natural resources. munificence: - This principle is particularly negated to the set of labor....If you want to get a full essay, order it on our website: Ordercustompaper.com
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