An investigation of religious teachings on wealth accumulation in Obudu Local Government Area, Cross River State
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Background of the study
Religious teachings often extend beyond spiritual guidance to influence economic behavior and attitudes toward wealth accumulation. In Obudu, many individuals adhere to religious doctrines that associate faith with financial success. These teachings inform practices related to saving, investing, and even philanthropy, with adherents often viewing wealth as both a divine blessing and a social responsibility (Bassey, 2023). However, some religious interpretations promote a prosperity gospel that equates piety with material abundance, potentially leading to unrealistic expectations (Ewa, 2024). Recent research indicates that such faith-based economic messages significantly impact personal financial management and overall economic behavior within the community (Mfon, 2025). This investigation explores the extent to which religious teachings shape attitudes toward wealth accumulation and influence financial decision-making in Obudu.
Statement of the problem
While many attribute wealth accumulation to divine favor as conveyed through religious teachings, there is limited empirical research on how these doctrines affect economic behavior in Obudu. The ambiguous nature of prosperity messages may lead to both positive financial discipline and imprudent financial expectations. This lack of clear evidence impedes the formulation of economic policies that consider cultural and religious contexts. The study aims to fill this gap by examining the impact of religious teachings on wealth accumulation and financial behavior in the community.
Objectives of the study:
- To evaluate the influence of religious teachings on wealth accumulation.
- To assess how religious doctrines shape financial behaviors and decision-making.
- To identify economic outcomes associated with adherence to religious beliefs.
Research questions:
- How do religious teachings influence wealth accumulation in Obudu?
- What financial behaviors are promoted by religious doctrines?
- What are the economic implications of a prosperity gospel in the community?
Research Hypotheses:
- H1: Religious teachings significantly influence wealth accumulation.
- H2: There is a positive correlation between adherence to religious doctrines and financial discipline.
- H3: The prosperity gospel has a measurable impact on economic behavior.
Significance of the study
The study offers critical insights into the intersection of religion and economic behavior, highlighting how religious teachings influence wealth accumulation. The findings will inform culturally sensitive economic policies and financial education programs in Obudu, promoting sustainable financial practices within the community (Akpan, 2024).
Scope and limitations of the study:
Limited to the topic only. Do not input year
Definitions of terms:
- Wealth accumulation: The process of gathering and increasing financial resources.
- Religious teachings: Doctrinal messages that guide ethical and economic behavior.
- Prosperity gospel: A belief that faith and piety lead to financial success.
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