It is know officially as an Islamic economic system which combines some elements of a capitalist system (opening for private enterprise) with a socialist one in which still there is a strict control of the government in important economic sectors.
Pakistan has one of the most fragile economies in the world. Pakistan heavily depends on agriculture for survival but a bad crop in a single year can upset the balance for many years to come. Also, Paksitan's economy is poorly managed due to corruption and nepotism. Thus pakistan's foreign debt has increased. About 20 % of the population lives below the poverty line.
I think they have a dictator or a representative democracy.
mixed economic system has been followed in Pakistan
now a days in Pakistan the mixed economic system is used. that is some sectors are working under socialism, some are capitalism and Islamic economic system as well.
Mixed economic system is used in pakistan.
Mixed economy is a economy in which some area of production is under the Govt. and in some sectors Market economy accopies.
role of world bank in economic development of pakistan
Pakistan
Still Pakistan is facing depression
The mission of State Bank of Pakistan (SBP) is to promote monetary and financial stability and foster a sound and dynamic financial system, so as to achieve sustained and equitable economic growth and prosperity in Pakistan
traditional economic system command economic system market economic system
role of world bank in economic development of pakistan
role of capital and money markets in the economic development of Pakistan
Sardar Mohammad Akhtar has written: 'Economics of Pakistan' -- subject(s): Economic conditions 'Pakistan' -- subject(s): Pakistan, Economic policy, Economic conditions
Pakistan
Still Pakistan is facing depression
No, its a country.
Yes,Pakistan have a class system
The mission of State Bank of Pakistan (SBP) is to promote monetary and financial stability and foster a sound and dynamic financial system, so as to achieve sustained and equitable economic growth and prosperity in Pakistan
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
economic differences
Anwar Iqbal Qureshi has written: 'Economic history of Pakistan' -- subject(s): Economic conditions 'Pakistan marches on road to prosperity, 1959-64' -- subject(s): Economic policy 'Fiscal system of Islam' -- subject(s): Islamic law 'Agricultural credit' -- subject(s): Agricultural credit 'The economic development of Hyderabad' -- subject(s): Economic conditions 'The economy of Pakistan, from January 1972 to June 1977' -- subject(s): Economic conditions 'Islam and the theory of interest' -- subject(s): Interest, Interest (Islamic law), Usury