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Jewish economics

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Jewish economics are Jewish views on economics and economic issues.[1] It ranges from the economy of the Kingdom of Israel to the economic activities of Jews in medieval Europe, to the Economy of Israel.

Many Jewish economic theory economic implications can be concluded at a state.[2] A part is of theory is that private property rights is important and must be protected. [2]

Jewish economics is seen as a notion of empowerment over the universe, as opposed to the classical Christian view[3]

According to a report of Jews in the U.S, they are mostly a group with a high income in their household, with around half of Jewish adults say they live comfortably. 30% say they can pay basic expenses with some money left over, and 15% say they have no money left over when they pay expenses.[4]

One of the central principles of Jewish economics is the concept of tzedakah, which refers to the obligation to give to those in need. This principle is rooted in the idea that all resources ultimately belong to God and that individuals have a moral responsibility to use them for the benefit of others. Tzedakah is not only considered a moral duty, but also a means of ensuring that there is enough wealth in the community to meet the needs of everyone.[citation needed]

Jewish tradition has a distinct perspective on the relationship between man and the material world, and this perspective is reflected in their view of property rights. According to Jewish tradition, every person is created in God's image, which means that they have a divine essence that sets them apart from other creatures on Earth.[3]

One way that man expresses his dominion over the material world is by enjoying the good of creation.[3]

See also[edit]

References[edit]

  1. "Jewish Economic History". obo. Retrieved 2022-06-16.
  2. 2.0 2.1 Member, Acton Staff (2023-01-16). "Jewish theology and economic theory". Acton Institute. Retrieved 2023-01-16.
  3. 3.0 3.1 3.2 http://azure.org.il/download/magazine/154AZ18_Y.Y._Lifshitz.pdf
  4. Mitchell, Travis (2021-05-11). "11. Economics and well-being among U.S. Jews". Pew Research Center's Religion & Public Life Project. Retrieved 2023-01-16.



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