Across
- 3. an economic system in which capital assets are privately owned and the prices, production, and distribution of goods are determined by the competition of the free market
- 4. the availability of a good or service creates a demand equal to its value
- 6. Marxist ideal of a classless and stateless utopian society in which all property is commonly owned
- 7. the belief that human beings are social constructs and not unified rational individuals with an objective human nature
- 8. Arabic word meaning either interest or excessive interest
- 11. the collective community of Muslims around the world (translated means "nation")
- 13. the third pillar of Islam, the donation of 2.5% of annual income
- 14. the belief that an individual's financial success is directly proportional to his or her level of enlightenment, or the belief that positive thoughts create wealth
- 15. the study of the management of resources
- 17. economic system advocating either government or communal ownership of the means of production and the distribution of goods and services
- 18. the branch of economics that studies how households and firms buy sell, and allocate resources
- 19. economic requirements that govern the lives of Muslims
- 20. the act of managing and caring for resources that ultimately belong to God
Down
- 1. Marxist's believe this ought to be the economic transitional phase in between capitalism and communism
- 2. econmic system in which the government influences aspects of a market economy in an attempt to improve the public good
- 5. an economy in which economic decisions are freely made by households and firms
- 9. a tax imposed on dhimmis living in Islamic states
- 10. goods used to produce other goods and services
- 12. the branch of economics that studies how large economies function as a whole
- 14. the practice of lending money at an exorbitant rate
- 16. rivalry between two or more companies to offer the best products, at the best price, and with the highest profit margins