(PDF) From Jesus to Christianity: The economics of sacrifice
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Added on 2019-11-12
(PDF) From Jesus to Christianity: The economics of sacrifice
Added on 2019-11-12
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Christianity 1ECONOMICS ASSIGNMENTStudents NameCourseProfessors NameUniversity(City)StateDate
Christianity 2Remarkably, Christianity is among the top universally recognized religions and convictionshence making the application of a bible centered approach to the study of Economics, not so far-fetched. Christian values and principles application into studies will go a long way in affirmingthe Christian life for the converted Christians. Due to the changing economic times, there’s needto explore and apply Christian teachings to the daily economic life of the Christian folk. Througha Christ based approach to the study of economics, Christians are aware of their history.Despitethe advocating of a Christian based teaching approach to Economics, there exist divergent viewon economics. For instance, some Christians believe in private ownership or capitalism) asstipulated in Isaiah 65:21-2 while others encourage socialism or communal ownership ofproperty(Acts 2:44-45) thus lacking in a unified examinable approach (Worldview,2017). Through the application of Christ based teaching approaches, there s the widespreadcirculation of the gospel thus increase in the number of conversions. Through the Bible teachingfair wages, poverty is condemned which encourages a working culture which is encompassed inEconomics thus making bible economics complementary to economic principles. Further, somebiblical teachings are practical in the modern world. For instance, under the Bible fairremuneration is advocated for which is also the same with economics which advocates for fairwages for fair work and good working conditions. The Bible condemns exploitation of the poorto increase one's wages which are encompassed in labor laws taught in Economics. Moreover,some bible teaching is applicable to the modern world Economics hence the need to teach basedon biblical principles. Typically, most economists consider perfectly competitive markets structures as ideal forconsumers. Specifically, Leviticus 25:15 and Jeremiah 32:10-12 advocated for free market
Christianity 3economies thus making it relevant and practicable to apply bible principles and teachings thestudy of economics (Elwart 2011).Additionally. economists have advanced theories boosting theapplication of Christian teachings in the employment sector of capitalist economies (Beed &Beed 2005).It is advocated for that worker in capitalist economies should mutually benefit fromtheir hard work and be accountable for their actions.In addition, some of the best-performingcompanies in the world have adopted consumer protection initiatives with clinical bibleorigins(Leone 2015).This proves the relevance of biblical teachings in economic activities andopportunities.Most governments have placed consumer protection measures through theenactment of competition and consumer protection Acts which focus on consumer welfare. Similarly, Bible teachings condemn oppressive and exploitative practices which conform withthe modern day doctrines of fair remuneration, good working conditions studied in Economicdisciplines Moreover, various Bible scriptures advocate for hard work and prosperity which arecovered in Economics. Specifically, Eccl 5:18-2which advocates for hard work and attainment ofriches. In addition, financial management is crucial to the lives of both Christian and non-Christian individuals thus the need to pave way for Christian understanding of economic andfinancial matters(Let God Be true,2017).In a way,1 Thess 411-12, inspires hard work, personalresponsibility in business in an honest way. Arguably, this verse advocates for personalresponsibility for economic progress which is essential, capitalism which is evident in mosteconomies of the world. Further, the Bible recognizes the importance of financial wisdom and success In the book ofProverbs 26:16, which is what economics seeks to achieve financial security and progress.Also,various bible scriptures are based on financial and economic independence thus the need to usethese teachings in Economics. Economics is all about financial security and independence which
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