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Effects of religion on economic outcomes. Studies suggest there is a channel from religious behaviours to macroeconomic outcomes of economic growth, crime rates and institutional development. [19] Scholars hypothesise religion impacts economic outcomes through religious doctrines promoting thrift, work ethic, honesty and trust. [20]
The idea of religious economy frames religion as a product and as those who practice or identify with any particular religion as a consumer. But when the idea of belief is brought into the equation, this definition expands, and ideology affects the "product" and who "consumes" it. When examining depictions of religious identity in a global ...
Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [1]
The history of economic thought is the study of the philosophies of the different thinkers and theories in the subjects that later became political economy and economics, from the ancient world to the present day. This field encompasses many disparate schools of economic thought.
Secular countries tend to be richer than religious ones. Now new research shows that it was secularisation which came first. Religious decline was the key to economic development in the 20th century
In addition to debates on religion, societies discussed issues such as politics and the role of women. However, the critical subject matter of these debates did not necessarily translate into opposition to the government; the results of the debate quite frequently upheld the status quo . [ 262 ]
Muhammad proclaimed a sweeping program of religious and social reform that affected religious belief and practices, business contracts and practices, male-female and family relations". [13] Esposito holds that the Qur'an's reforms consist of "regulations or moral guidance that limit or redefine rather than prohibit or replace existing practices ...
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