Significance of Economic prosperity
Economic prosperity encompasses various interpretations across different contexts, reflecting levels of wealth, resources, and overall financial well-being. From societal class divisions identified by Kavya to Kerala's wealth as described by Vedanta, definitions highlight governance and the financial health of inhabitants, as emphasized by Dharmashastra. Historical perspectives illustrate its dependence on productive capabilities and successful commerce, especially in ancient South India. Efforts toward achieving a thriving economy are acknowledged, revealing the multifaceted nature of economic prosperity's impact on society.
Synonyms: Economic growth, Economic advancement, Wealth generation, Financial prosperity, Economic improvement, Financial success, Economic development, Wealth accumulation, Economic well-being, Economic stability
In Dutch: Economische welvaart; In Finnish: Taloudellinen vauraus; In Spanish: Prosperidad econ贸mica; In German: Wirtschaftlicher Wohlstand
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
Buddhist concept of 'Economic prosperity'
In Buddhism, economic prosperity is viewed as a state of financial well-being and wealth accumulation. It reflects the positive effects of virtuous efforts and qualities related to payoga sampatti, emphasizing ethical actions in achieving financial success.
From: Abhidhamma in Daily Life (by Ashin Janakabhivamsa)
(1) Economic prosperity denotes the state of financial well-being and wealth accumulation, which can be significantly influenced by the efforts and qualities associated with payoga sampatti.[1]
The concept of Economic prosperity in local and regional sources
Economic prosperity encompasses a society's financial well-being, historical contributions, trade stability, workforce productivity, and material wealth, shaping nations like Germany and India, and reflecting diverse cultural values and historical contexts throughout different periods.
From: Triveni Journal
(1) A common understanding in the West that emphasizes material wealth and economic success as primary goals of human effort, often at the cost of ethical considerations.[2] (2) The condition of increased material wealth, which is suggested to have conflicted with the principles of the cult of renunciation.[3] (3) A state of financial well-being that allows more people to engage with banking services.[4] (4) The state in which a nation grows economically based on the productive capabilities of its workforce.[5] (5) The wealth and growth resulting from successful trade and agricultural practices in ancient South India.[6]