write a critical response that is analytical about Conventional economicsthe failure of the conventional system in solving economic problems and how Islamic economic system can make the difference.

Instructions:

 

1. This is an essay assignment in which you need to write a critical response that is analytical and insightful.

2.  Your answer must not be less than 500 words and not more than 750 words using font Time New Roman, size 12, double spaced.

3. The question: 

Conventional economics has not proved sufficient to meet the challenges facing mankind such as poverty, unemployment, and inequality. What are some factors/drawbacks for the failure of the conventional system in solving economic problems? Discuss how Islamic economic system can make the difference.