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MEMORY VERSE: “The silver is mine, and the gold is mine, saith the Lord of hosts.” – Haggai 2:8

BIBLE PASSAGE: Genesis 13:14-17

INTRODUCTION: 

In the previous lesson, we learnt about entities in kingdomnomics which include God, Man (believers) and Resources as well as highlighted some Economic principles in the kingdom. Today, we shall be considering the Biblical position on the basic factors of production, with a view to guiding believers on what their disposition should be towards them.

LESSON OUTLINES

1.LAND AND LABOUR

2. CAPITAL AND ENTREPRENEUR

1.LAND AND LABOUR

In literary sense, land is regarded as soil. However, in economics, land refers to a natural resource that can be utilised to produce income. It is a useful factor of production and it is available in limited quantity. God owns all lands as well as the materials and the forces which nature gives freely for man’s aid, in land, water, air, light and heat (Ps.24:1; Ex.9:29; 1Cor.10:26). God gives land to man to explore and possess (Gen.13:14-17; Ps.115:16). It is important for believers to ask God for the appropriate location to dwell or do business (Gen.2:15; Gen.12:1; Gen.26:2, 12). Believers must put land into profitable use (Prov.12:11) and appreciate God for making the land fruitful (Ps.67:5-6; Lk.12:16-21). No land is barren; every land is created for a purpose (mining, agriculture, tourism, and so on).

However, we only have people who are barren in ideas on how to maximise the use of the land (2 Kgs.2:21).

Labour constitutes one of the important factors of production. This factor involves human services and efforts for the production of goods or services. In economic terms, a work, physical or mental, carried out for monetary purpose is called labour. God wants man to work (Gen.2:15; Eccl.9:10; 1Thess, 4:11). God promises sweet sleep and rest for a labouring believer (Ex.20:9; Eccl.5:12; Matt.11:28). In all labour, there is profit (Prov.13:11; Prov.14:23; Eph 4:28). The labour of the righteous adds value to lives (Prov.10:16). The Bible says that there shall be no labour loss (Isa.62:8). When we plant, we shall eat of the fruit thereof and when we build, we shall inhabit (Ps.128:2; Isa 65:21-23). Believers mustnot rule out God in their endeavours because only God can crown their labour with success (Ps.127:1). Above all, believers should labour to inherit the kingdom of God (jn.6:27).

2. CAPITAL AND ENTREPRENEUR
In this context, capital refers to money used for income creation purposes. God owns the gold, silver and every resource that can be converted to money (Hag.2:8; Ps. 50:10). Obviously, money is good. The Bible says money answers all things defence (Eccl 7:12). However, believers should guide against excessive pursuit of money (Pro.13:11; 22:1; 1 Tim.6:10).

Money should not be spent anyhow. There must be a plan (Luke 14:28-30). In kingdom economics, therefore, believers should put God first (Matt.6:33) in their daily pursuit for money and learn to acquire money legitimately and not at all cost. Remember, you cannot serve God and mammon (Matt.6:24).

An individual who creates an enteprise is called entrepreneur. A child of God is expected to be a creator/innovator of good things which include viable business endeavour (Eph.2:10; 2Tim. 1:7). He/she should equally be able to maximise the use of all other factors of production. A believer is expected to pay his workers as at when due (Deut. 24:14-15; 1 Tim.5:18; Lk.10:7). Believers should not be dubious in their dealings (Prov.11:1,3; Prov.28:8; James 5:4), for it is the blessing of God that enriches (Prov.10:22). The success or failure of an enterprise depends on the efficiency of the entrepreneur (Prov.22:29; Prov.27:23). An entrepreneur needs to be focused on adapting himself/herself according to the changes taking place in the national economy, industries and markets (Acts 16:14a).

CONCLUSION: God owns all factors of production (Ps.24:1). Put Him first in all your endeavours (Matt. 6:33). You will be profitable here on earth and also lay up treasures in Heaven.

MEMORY VERSE: “Then Isaac sowed in that land, and received in the same year an hundredfold: and the Lord blessed him.” – Genesis 26:12

BIBLE PASSAGE: Genesis 26:1-6, 12-22

INTRODUCTION: ‘Kingdomnomics’ is a contraction for “Kingdom Economics”. Simply put, economics is the study of the use of scarce resources to satisfy unlimited human wants. The term kingdom, in this context, refers to the realm in which God’s will is fulfilled. It is the domain of God’s operations over His people (those who are born again). While there are basic economic principles in the world system, people of God are expected to also understand and live by the economic principles of the kingdom which will not only make them profitable in this world but also lay imperishable treasures for them in Heaven.

LESSON OUTLINES:

1. ENTITIES IN KINGDOM ECONOMICS
2. BIBLICAL ECONOMIC PRINCIPLES

1. ENTITIES IN KINGDOM ECONOMICS

There are three key entities in kingdom Economics: God (the Creator), Man and resources (everything man can use of interact with in this world, including time, talent, and treasure). We can think about each of these entities as being a circle. You relate to God and to your resources, and these circles must relate to each other.

Some approach their resources based on their beliefs about God while others approach God based on their resources needs. For some these two circles never even intersect, having nothing to do with each other.

Jesus said that one of these “circles” will actually become the master of the other-you will serve God or money (Matthew 6:24). How you relate to these two circles will make a far-reaching statement about who you are, how you live, and who you are becoming.

2. BIBLICAL ECONOMIC PRINCIPLES

Principle No.1: Godliness – The foundation of success in any economic endeavour is godliness (Exodus 23:8; Deuteronomy 16:19; Psalms 37:25; Matthew 6:33; 1Timothy 6:6-11).

Principle No.2: Obedience – Do whatever God lays on your heart to do in line with the word of God (Genesis 12:1-4; Deuteronomy 28:1; Isaiah 1:19; Isaiah 30:21; John 2:5; Hebrews 3:15).

Principle No.3: Creativity – God has given unto everyone gifts/talents, creative abilities and grace to acquire skills (Ex.31:3,6; Ex.35:30-35; Matthew 25:14-15; Luke 19:12-13).

Principle No.4: Giving and Generosity – The more you give the more you get (Psalms 112:9; Proverbs 11:24; Proverbs 19:17; Luke 3:11; Luke 6:38; 2Corinthains 9:7).

Principle No.5: Sowing and Reaping – Seed time and harvest time shall not cease (Genesis 8:22; Ecclesiastes 3:2b); the quality and quantity of what you sow determines what you reap (Galatians 6:7; 2Corinthians 9:6).

Principle No.6: Risk and Faith – Those that are afraid of taking risk will not attempt new things (Proverbs 22:13; Proverbs 26:13; Ecclesiastes 11:4-6).

Principle No.7: Investment – Believers should tap into the various investment opportunities around them (Ecclesiastes 11:1-6; Isaiah 32:20).

Principle No.8: Labour/Diligence – There is dignity in labour (Proverbs 6:6, 10-11; Proverbs 10:4; Proverbs 12:24,27; Proverbs 13:4; Proverbs 14:23; Proverbs 18:9; Proverbs 21:5; Proverbs 22:29; 2Thessalonians 3:10).

Principle No.9: Effective time management – Time is irredeemable resource given to man (Ecclesiastes 3:1; Ephesians 5:16).

Principle No.10: Favour and Relationship – Favour flavours labour and birds of the same feather flock together (Psalms 102:13; Proverbs 13:20; Ecclesiastes 9:11; Romans 9:16).

CONCLUSION: Use your time, talent, and treasure for God’s kingdom. You will not only experience a life of opportunity, impact, and legacy here on earth but you will also be laying up for yourself treasures in the kingdom of Heaven.