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Explain Why It Is More Difficult to Determine Causality in Economics

question 25

Essay

Explain why it is more difficult to determine causality in economics than in other sciences such as physics, chemistry, and biology.


Definitions:

SDLC

Systems Development Life Cycle, a process for planning, creating, testing, and deploying an information system.

Direct Conversion

Direct conversion, in technology, refers to switching from an old system to a new one in a single step.

RAD

Rapid Application Development, a software development methodology aimed at providing quick results through iterative cycles and minimal planning.

Prototypes

Preliminary models of products or systems used for testing and validation before full-scale production or development.

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