Economics of Tobacco
DOI:
https://doi.org/10.5915/10-3&4-5726Keywords:
Public health, Tobacco, Muslim countriesAbstract
DOI: http://dx.doi.org/10.5915/10-3&4-5726
This paper reviews the cost of producing and manufacturing tobacco. This cost will be analyzed in terms of the amount of resources spent on tobacco with certain comparison with other commodities. This paper will also throw some light on the share of the Muslim world in the production and manufacturing of this commodity. At last, it will discuss the morals of commercializing this commodity from an Islamic point of view. This last discussion will indulge the paper in the price theory in the Islamic economy on the microeconomic level and its macroeconomic implications.
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