Question

relationship between religion and socio economic action for 14 marks​

Answer 1

Explanation:

1. Economics is all about the economic life of human beings whereas sociology studies society as a whole with the inclusion of economic life of man as a part of this wide branch of new social science such as the belief system of a particular society, the cultures and traditions, political and legal matters concerned and ...
2. Religious beliefs matter for economic outcomes. They reinforce character traits such as hard work, honesty, thrift, and the value of time. Otherworldly compensators — such as belief in heaven, hell, the afterlife — can raise productivity by motivating people to work harder in this life
3. The relationship between social class and religion is not straightforward: the middle classes are, in general, more likely to attend church, but they are also less likely to believe in God and more likely to be atheists and join both world affirming and world rejecting NRMs
4. Religion and economic growth
6. Studies suggests there is a channel from religious behaviours to macroeconomic outcomes of economic growth, crime rates and institutional development. Scholars hypothesise religion impacts economic outcomes through religious doctrines promoting thrift, work ethic, honesty and trust.

Answer 2

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For given religious beliefs, increases in church attendance tend to reduce economic growth. In contrast, for given church attendance, increases in some religious beliefs -- notably heaven, hell, and an afterlife -- tend to increase economic growth.

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