Buddhist Approach to Economic Development: The Path to A Wisdom-based Economy, The (original) (raw)
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Introduction: Buddhism and Economics
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University of Ruhuna Sri Lanka, 2018
Economy is very useful part in the human society. It plays a major role in the society. The subject that studies economy is economics. When the economy is in good process the family can be feed without problems. When the economy is not in good process, there arise problems in the family. When the people suffering from the poverty there arise wrong process such as stealing, killing, lying also hatred, revenge, etc., Wherever, the economy, consumption is going in equal there can be seen a peace and harmony society. The term economy has interpreted in many books by scholars. The Oxford Dictionary interprets that, the state of a country or region in terms of the production and consumption of goods and services and the supply of money. The economics in Buddhism is to provide basic needs; food, clothing, shelter, and medicine.