0
For sure; for example the Church of England holds large stakes in British banks, supermarket stores etc. The Church, therefore, plays a large role in economics and business. Another way in which it can affect the economy is through charity - helping those most vulnerable in society by giving food and shelter etc.: this means that there is an improvement in the wealth distribution in that country too. This in turn would give more people the drive to work and improve their lives, which of course would directly result in economic input.
Wiki User
∙ 12y ago
Religion can indirectly affect the economy by influencing cultural values, social interactions, and consumer behavior. For example, religious beliefs may shape attitudes towards work, wealth accumulation, and spending habits, which can in turn impact economic activities and decisions. Additionally, religious organizations and institutions can also have economic impacts through their spending, investments, and charitable activities.
Add your answer:
Earn +20 pts
How does religion affects the government in lran?
In Iran, the government is heavily influenced by Shia Islam, which is the official state religion. This influence is manifested through the constitution, legal system, and policies of the government. Clerics hold significant power and play a role in decision-making processes.
What is the major religion in the Galapagos Islands?
Religion In Galapagos IslandsCulture of Galapagos is divided on the basis of religion and there are various religious groups which dwell on separate surrounding and take pride in their sect. Religion in Ecuador has caused immense tension and has also led to sporadic bursts of violence between two or more sects. Guayaquilenos and Quitenos are two major religious groups in Ecuador which are forever at loggerheads with each other and this in turn has affected the economy of the nation. During the war, it was noted that countless individuals from a particular sect had deserted the Ecuadorian army on the pretext of being subjugated on the basis of religion.
Whole information about universalizing religion?
Universalizing religions are belief systems that seek to appeal to all people regardless of their background. They often have a mission to convert non-believers and spread their teachings worldwide. Examples include Christianity, Islam, and Buddhism, which have followers across different cultures and geographical regions.
What religion was Ray Walston?
Ray Walston was raised as a Catholic but later in life identified as a Unitarian.
What is the past tense of religion?
Religion isn't a verb and doesn't have a past tense.
How sensex affects the Indian economy?
sensex doesnt affects economy but economy affects sensex
What were the affects of the french wars of religion?
What were the affects of the french wars of religion?
How does the economy affect business?
how does economy affects business
How the business affect the economy?
how does economy affects business
How does the religion of Bulgaria affects its economy?
in many ways... religious chiefs like Maksim (christianily) and Mufti Rashidov... may explain your matter better
What are affects of the telegraph?
it was the economy
What is the effect of religion on jamaica's economy?
Religion in Jamaica affects the public's views towards the items that are sold in shops and the word days. A great percentage of the religious people in Jamaica opt to keep their businesses closed on Sundays.
How does religion of Chinese affects your lives?
The religion of Chinese affects your lives in various ways. There are some forms of ancient treatment and healing techniques that are based on the Chinese religion.
How does the geography of Venezuela affect the economy?
The diverse geography of Venezuela, including its oil reserves and fertile land, has historically influenced its economy. Oil exports have been a major source of revenue, accounting for a significant portion of the country's GDP. However, Venezuela's economy has been negatively impacted by its reliance on oil, leading to challenges when oil prices fluctuate. Additionally, geographic barriers like remote areas and difficult terrain can pose challenges for transportation and infrastructure development.
How the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
What part does religion play in the culture of a people?
Religion affects peoples ethics and actions.
Explain how the decisions you make as a consumer influence the economy.?
everyone as a consumer affects the economy on what they spent and how they spent
