Question

Write an essay applying a scripture passage and economic principles that you have studied

Read Proverbs 31:10-27. How does this passage of Scripture apply to what you have learned so far about economics? Your response should be 250 words in length.

Answer 1

Proverbs 31:10-27 describes a diligent woman who works faithfully and conscientiously.

She manages her household daily and makes wise financial decisions. Like the ant in the 'ant and the grasshopper,' she is ready for the harsh winter(Proverbs 31:21)(Proverbs 31:25).

She also opens her eyes while it is still dark and provides food for her family(Proverbs 31:15), like a bird that hunts early in the morning.

What we can adapt to our economy is the virtue of managing resources wisely.

She brings good from afar and works regardless of her tiresome, seeks a good deal, and invests her resources wisely. In the same way, making wise financial decisions are necessary for the economic success of individuals, businesses, and governments. When available resources are used efficiently, and business is profitable, the riches earned from this progress can qualify one's life and promote well-being. She also managed not only her households but the time to spare. Like an early bird that gets the worm, she used another resource, time, as wise and efficient as it is.

Another economic lesson is that she eagerly opened her arms to the poor. An economy filled with fancy riches may look pleasing and admirable. But on the inside, where no one helps the poor and needy, It is just one egotistical society filled with self-centered people. Using the riches earned from our business, we should help the poor who are desperately in need by sharing our wealth with others. Only then our economy be said to have 'succeeded' where people grow together in harmony.

The Proverbs give us some valuable lessons for our economy and ourselves through the story of

this righteous woman. She is a hard worker, an instructor, and a giver, clothed with wisdom and dignity. By adopting her virtues and strengths, we can grow mature and wise in our everyday surroundings to improve the economy and our lives.

Ps. I used previous writing as a reference, but partially.

Answer 2

Proverbs 31:10-27 describes the virtuous wife who is diligent and hardworking. She manages her household well, makes wise financial decisions, and is industrious in her work. As I study economics, I can see the principles of sound financial management and hard work reflected in this passage.

One of the economic principles that can be seen in this passage is the importance of managing resources wisely. The virtuous wife is described as someone who is frugal and wise in her financial decisions. She seeks out good deals and invests her resources wisely. In the same way, wise financial management is important for individuals, businesses, and governments. When resources are managed well, they can be used to create wealth and promote the well-being of individuals and communities.

Another economic principle that can be seen in this passage is the importance of hard work. The virtuous wife is described as someone who is diligent and works hard to provide for her family. In the same way, hard work is important for creating economic growth and prosperity. When individuals and businesses work hard, they can produce goods and services that meet the needs of others and create value in the economy.

Overall, Proverbs 31:10-27 demonstrates the importance of wise financial management and hard work in achieving economic success. These principles apply not only to individuals and households but also to businesses and governments. When we apply these principles in our economic activities, we can create greater prosperity and well-being for ourselves and for others.