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Name History and Founder Countries Popular and Economic

Milestone Followers and core value effects


1.Judaism Originated from Israel, Abraham Jews live in Israel and 43% of Many of the
also known as Hebrew, in Jews live in the United States and world's leading
the history of the ancient Canada, the majority of the economic
Near East. The history of remaining Jews live in Europe, theorists are
Judaism goes back over and other ethnic Jewish groups Jews, the
3000 years. Judaism live in South America, Asia, theories they
originated in the Middle Africa, and Australia Jews focus have built have
East during the Bronze on financial education for greatly affected,
Age children since they are young, if not decided,
This religion originated in especially how to invest most the evolution of
the covenant between God effectively. They bought shares mankind.(karl
and Abraham (circa 2000 for babies just one week old, marx, mark
BC), the patriarch and which seems to have become a zuckerberg,
patriarch of the Jewish routine. Today, Jews concentrated Michal Dell.
state. in North America often do so. Etc)
2. Islam Islam dates back to AD Abraham Muslims constitute a majority in Given the
610 when the prophet more CountryDifferencs Islamic
Muhammad began than 35 countries and inhabit a proclivity to
spreading the word, nearly contiguous stretch of land favor market-
although the Muslim from the northwest coast of based systems,
calendar begins in AD 622 Africa, through the Middle East, Muslim
when, to escape growing to China and Malaysia in the Far countries are
opposition, Muhammad East.Islam has roots in both likely to be
left Mecca for the oasis Judaism and Christianity (Islam receptive to
settlement of Yathrib, later views Jesus Christ as one of God's international
known as Medina. prophets). Like Christianity and businesses as
Adherents of Islam are Judaism, Islam is a monotheistic long as those
referred to as Muslims religion. The businesses
central principle of Islam is that behave in a
there is but the one true manner that is
omnipotent God. Islam requires consistent with
unconditional acceptance of the Islamic ethics.
uniqueness, power, and authority Businesses that
of God and the are perceived as
understanding that the objective making an
of life is to fulfill the dictates of unjust profit
his will in the hope of admission through the
to paradise. Other major exploitation of
principles of Islam include ( 1) others, by
honoring and respecting parents, deception, or by
(2) respecting the rights of others, breaking
(3) being generous but not a contractual
squanderer, ( 4) avoiding killing obligations are
except for justifiable causes, (5) unlikely to be
not committing adultery, (6) welcomed in an
dealing justly and equitably Islamic country.
with others, (7) being of pure In addition, in
heart and mind, (8) safeguarding Islamic
the possessions of orphans, and countries where
(9) being humble and fundamentalism
unpretentious. is on the rise,
Muslim's being.32 As hostility toward
God's surrogate in this world, a Western-owned
Muslim is not a totally free agent businesses is
but is circumscribed by likely to
religious principles-by a code of increase.
conduct for interpersonal
relations-in social and economic
activities. Religion is paramount
in all areas of life.
3.Hinduism Since the 16th century, Not Hinduism has approximately 750 It has been
Western missionaries and linked to million adherents, most of them argued that the
tourists have referred to a on the Indian subcontinent. values of Hindu
religion and customs in particula Hinduism began in the Indus asceticism and
India and have often r person. Valley in India more than 4,000 self-reliance
referred to these natives as years ago, making it the world's that Gandhi
"heathen." By the 18th oldest major religion. advocated had a
century, the word India (79,8% with 1,040,000,000 negative impact
"Hindoo" (in Polish) The followers), Nepal (81,3% with on the
word "Hinduism" became 23,500,000), Bangladesh (8,54% economic
very popular, and with 14,487,500) development of
eventually, in the 19th postindependen
century, the term ce India.41 But
"Hinduism" became very one must be
popular, affecting the self- careful not to
proclaimed position of the read too much
Neo-Hinduism movement into Weber's
in the 19th century. and arguments.
the 20th century Modern India is
a very dynamic
entrepreneurial
society, and
millions of
hardworking
entrepreneurs
form the
economic
backbone of the
country's
rapidly growing
economy.
4. Buddhism was founded in Siddhār Buddhism is a religion with a The lack of
Buddhism India in the sixth century tha population of about 488 million support for the
BC by Siddhartha Gauta people worldwide, 495 million,or caste system
Gautama, an Indian prince ma 535 million in the 2010s, and extreme
who renounced his wealth accounting for 7% to 8% of the ascetic behavior
to pursue an ascetic global population. world. suggests that a
lifestyle and spiritual Buddhist
perfection. Siddhartha China is the most populous society may
achieved nirvana but country, with around 244 million represent a
decided to remain on earth Buddhists or 18.2% of the more fertile
to teach his followers how country's population. Most of ground for
they too could achieve this them follow Mahayana entrepreneurial
state of spiritual Buddhism, making this sect the activity than a
enlightenment. largest part of Buddhism. Hindu culture.
Mahayana Buddhism, also present
in other East Asian cultures, has
more than half of all Buddhists
worldwide practice
5.Confucia Confucianism was founded in the fifth In Japan, Confucianism was In Confucian
nism century BC by K'ung-Fu-tzu, more introduced in the fifth century. In thought, loyalty
generally known as Confucius. For 604, Prince Shotoku used the to one's
more than 2,000 years until the 1949 Confucian ideal to formulate the superiors is
Communist revolution, Confucianism law. By the Nara period (710 - regarded as a
was the official ethical system of 794) and the early Heian period sacred duty-an
China. While observance of Confucian (794 - 1185) Confucianism absolute
ethics has been weakened in China flourished among the aristocracy obligation. In
since 1949, more than 200 million and monks. Confucianism has modem
people still follow the teachings of been the national religion in organizations
Confucius, principally in China, Korea since the Dogsun dynasty. based in
Korea, and Japan. In today's modern society in Confucian
Korea as well as South Korea cultures, the
(two halves of the former Korean loyalty that
kingdom), Confucian thought still binds
has a great influence. Singapore is employees to
a country with a young history, so the heads of
it does not have a thousand-year their
Confucian tradition like China, organization
Korea, Japan ... However, because can reduce the
70% of Singaporeans are of conflict
Chinese descent, Confucianism is between
still Important component management
affecting the society of this and labor that
country. we find in more
class-conscious
societies.
Cooperation
between
management
and labor can be
achieved at a
lower cost in a
culture where
the virtue of
loyalty is
emphasized in
the value
systems.

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