Relative Economics is nothing but religious economics is the integration of religious philosophy, ethical principles and practices into economic activities, individuals, family, group, corporate society and community for the well- being of the society. The basic philosophy of Relative Economics based on important Jaina Ideologies like Ahimsa, Aparigraha and Anēkāntavāda which are considered as the pillars of socio-economic world order. Max Weber in his classic study demonstrates that the best values comes not from inter-personal rules and regulations but from the ideals of individual who set their own standards of honesty, thrift and integrity from religion. This is found among Jains who have the qualities of hard work, self-discipline, education, intelligence, integrity, honest, faith and also a sense of community loyalty encourages disciplined way of life and promote good actions of compassion, philanthropy, morality, friendship, universal forgiveness for the socio-economic wellbeing of all living beings.