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Economics
Broadly, anything to do with buying and selling.
Dictionaries
Eerdmans Dictionary of the Bible
Economics
EconomicsVery little is known about the details of economic institutions and practices in the ancient Mediterranean world. From what is known about general conditions there, however, it is possible to infer a great deal about economic life in these times. Of primary importance is the fact that most
Dictionary of New Testament Background
Economics of Palestine
ECONOMICS OF PALESTINEThe economic historian Karl Polanyi noted that there have been two senses of the word economic: a substantive economics that strives to provide the necessities of life for the individual, family, tribe or society; and a formal economics that refers to rational choices between scarce
Encyclopedia of the Reformed Faith
Economics
EconomicsThe study of patterns of production, exchange, and consumption of “goods” to fulfill human needs and desires.In European civilization, no religious people paid more systematic attention to economics than the Calvinists.Unlike their medieval predecessors, Calvinists neither downgraded nor episodically
Compton’s Encyclopedia
economics
economicsThe real wealth of a society consists of what it produces. When sold or sent abroad in trade, goods …Encyclopædia Britannica, Inc.As a social science that studies how a society’s resources are shared, economics (a) describes and analyzes choices about the way goods and services
Development economics
Development economics(or planned economic growth), economic theories and policies aimed at realizing country’s economic growth potential, particularly in underdeveloped nations; involves study of causes and symptoms of underdevelopment; has had mixed results; chief problems have been lending money directly
commodity exchange
commodity exchangeA commodity is, generally speaking, any product that is bought or sold. The word has also come to refer specifically to agricultural products and raw materials that are vital to the world’s economy. Most of these products are sold by the producer directly to the user, but many of them
Economy
EconomyOverall, Europe’s gross national product (GNP) or gross national income (GNI) per capita is among the highest in the world. Incomes tend to be much lower in eastern and southeastern Europe than in other regions of the European continent. Income inequality is less of a problem in northern, western,
more economically developed countries
more economically developed countriesSome countries have economies that are more developed than others; these places are sometimes referred to as more economically developed countries (MEDCs). They are also called more developed countries (MDCs), developed countries, or industrialized countries. The
Dictionary of Phrase and Fable
Economy
Econ′omy means the rules or plans adopted in managing one’s own house. As we generally prevent extravagant waste, and make the most of our means in our own homes, so the careful expenditure of money in general is termed house-management. The word is applied to time and several other things, as well as
Holman Illustrated Bible Dictionary
Economic Life
ECONOMIC LIFE In ancient Palestine economic life involved the simple desire to improve the condition of life and to expand contact with other people. The people’s success in doing this was determined to a large extent by the environmental conditions in which they lived. Adequate rainfall or water sources,
Dictionary of Jesus and the Gospels, Second Edition
Economics
ECONOMICSIn modern parlance the word economy typically refers to a system for the production, distribution and consumption of scarce resources (i.e., goods and services), with the cognate word economics denoting the study of economies and economic activity. The English word economy derives from the
Dictionary of Luther and the Lutheran Traditions
Economic Life and Lutheranism
Economic Life and LutheranismThe general view of Luther’s teaching on economic life is that it was mired in late medieval thought and practice. He roundly condemned the practice of usury while Calvin did not, thus making economic life in the Lutheran territories less dynamic. He believed money was “sterile”
The Jonathan Edwards Encyclopedia
Economic Thought
Economic ThoughtJonathan Edwards’s ideas on the economy bridged the market development from Puritan notions of community and interdependence to free-market thinking. Many during his time shared his views of the importance of a cohesive moral society and condemned the corrupt business practices occurring
New Dictionary of Theology: Historical and Systematic
Economy
ECONOMYThe canonical tradition of the Orthodox Church employs the term ‘economy’ in a variety of meanings. Following the usage common from the classical period, economy means ‘to administer’. I Constantinople Canon 2 uses economy in this sense when it directs the bishop of Alexandria ‘to administer
Key passages
Ge 47:14–26

And Joseph collected all the money found in the land of Egypt and in the land of Canaan in exchange for the grain that they were buying. And Joseph brought the money into the house of Pharaoh. And when the money was spent in the land of Egypt and from the land of Canaan, all of Egypt came to …

Le 25:8–17

“ ‘And you shall count for yourself seven Sabbaths of years, seven times seven years, and they shall be for you time periods of seven Sabbaths of years: forty-nine years. And you shall cause a loud horn blast to be heard on the seventh month on the tenth of the month; …

2 Ch 1:13–17

So Solomon went from the high place which was at Gibeon to Jerusalem before the tent of assembly. And he reigned over Israel. And Solomon gathered chariots and horsemen. And he had one thousand four hundred chariots and twelve thousand horsemen, and he placed them in the chariot …

Ac 4:34–35

For there was not even anyone needy among them, because all those who were owners of plots of land or houses were selling them and bringing the proceeds of the things that were sold and placing them at the feet of the apostles. And it was being distributed to each as anyone had need.

Re 13:16–17

And he causes all people, the small and the great, and the rich and the poor, and the free and the slave, that they give them a mark on their right hand or on their forehead, and that no one was able to buy or to sell except the one who had the mark—the name of the beast or the number of his name. …