A Major Point of Difference Between Basic Research and Applied

question 215

Multiple Choice

A major point of difference between basic research and applied research is that:

• A) basic research involves experimentation and applied research involves psychiatry.
• B) basic research studies physical processes and applied research studies mental processes.
• C) basic research studies only humans, whereas applied research studies both animals and human beings.
• D) basic research is done to acquire knowledge and applied research is done to solve practical problems.

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Definitions:

Snob Effect

The phenomenon where the demand for a certain good increases as the perceived exclusivity or status associated with the good increases, appealing to consumers desiring social distinction.

Inverse Demand Principle

A concept in economics where the quantity demanded decreases as the price increases, illustrating the negative relationship between price and demand.

Elite Polarization

The increasing ideological divergence and conflict between the leadership or most active members of political parties or factions, often resulting in intensified partisan competition and reduced opportunities for compromise.

Relative Advantage

The degree to which an innovation is perceived as better than the idea it supersedes, contributing to its rate of adoption.