In a situation of abundant resource is the study of economics necessary?

The word “economics” comes from the Greek word oikonomos, which means a steward or house manager of a household or estate. The study is basically how the world’s “house” is managed. This is the production of wealth and the consumption of goods and services in a society, and the organization of its money, industry, and trade or estate.
Whenever groups of people live together, some system of economics—household management—is essential to provide them with the goods and services they need. a healthy economy. Yet, we cannot overlook that the world of commerce influences humans in a way that is even more far-reaching. Together with religion and politics, it can affect our very destiny. This has important implications for us personally.
The economic systems developed by man have undeniably made life more comfortable, providing us with goods and services we would be unable to provide for ourselves. Yet there are no indication of a world solution for contentment and unity in the world's economy or in individual countries.
Few people consider the Bible to have a solution to economic problems. Yet, following its standards can actually put more bread on your table. Much of what a person earns is needlessly squandered. The study of God's principles enable mankind rich or poor to live in a world with a perfect world manager. This prospect will soon be dealt with. Daniel 2:44
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