How does religion impact the economy?

Answer 1

Religion tends to reduce economic activity and to distribute funds away from productive activity. Extremes of this can be found in ancient Egypt, when the priesthood at times controlled more than half of agricultural assets, but also in medieval Europe when the monasteries had great landholdings. The construction and maintenance of magnificent temples and churches comes at the expense of the living standards of the lower classes who are taxed or pay tithes, as well as providing labour. Maintenance of a substantial priesthood is a further drain on the economy.

On the one hand, most religions seek to alleviate the misery of the very poor. On the other hand, religions are almost invariably aligned with the wealthy ruling classes, and are instrumental in maintaining inequality of wealth and opportunity.

Answer 2

Here is an example: If people have less money to tithe, the church bring in less money and the churches outreach programs are forced to shrink or close.

Answer 3

people donate to their religion which circulates more money. also, peolpe who follow tenets of their religion often perform acts of altruism which contribute positively to economic growth

Answer 4

Religion affects economy in diverse forms. Countries with peaceful religion will experience growth and investment.