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Economic System of

Bangladesh
Introduction
• An economic system is a system of production, resource
allocation, exchange, and distribution of goods and services
in a society or a given geographic area.
• As such, an economic system is a type of social system. The
mode of production is a related concept
What Is Economic System
• Economics is the social science that analyzes the
production, distribution and consumption of goods &
services.
• It’s a mechanism which deals with the production,
distribution and consumption of goods and services in a
particular society.
Types of Economic System
There are four major types of economic system exists mainly in this world. i.e
• Capitalist Economic System - All the economic sector owned by individuals is
a capitalist country.
• Socialist Economic System - Country having all the economic sectors
controlled by the Govt
• Islamic Economic System - Where Islamic laws & institution prevails
• Mixed Economic System - Co-existence of both public sector and private
sector.
Economic System of Bangladesh
• In Bangladesh, public & private based economy is existing
together.
• As Bangladesh public & private sector in the lead of it’s
economy, it’s a country with Mixed Economic System.
• As Bangladesh public & private sector in the lead of it’s
economy, it’s a country with Mixed Economic System.
For Example
• According to “Wikipedia”, (2016), Among 47 Bank’s on Bangladesh
• 8 are state owned
• 31 are Private
• 8 are Islamic Based
Central Bank of Bangladesh, Named ‘Bangladesh Bank’ rules over all
the banks of Bangladesh. Here we get the theme of Mixed Economy
system in Bnagladesh.
Development Through Mixed
Economic System
Conclusion
As a developing country, obtaining 43rd position in world economy.
After late 1975, it developed private sectors to develop its economy and
became a country with Mixed economic system which boosted our
economic state a lot.
Finally, it can be said that, Mixed economic system is the best economy
system of Bangladesh but it would be more better if it became Islamic
Economic System

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