As a Substitute for Laboratory Experiments, Economists Use Evidence Available

question 124

Short Answer

As a substitute for laboratory experiments, economists use evidence available through history's

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Definitions:

Conventional Level

Kohlberg’s second level of moral development, in which right and wrong are based on the internalized standards of others; “right” is whatever helps or is approved of by others, or whatever is consistent with the laws of society.

Maintaining Social

The act of preserving social relationships and networks through communication and activities that foster connections.

Conventional Level

A stage in Kohlberg's theory of moral development where an individual's moral reasoning is based on conforming to social rules and expectations.

Moral Reasoning

The process by which individuals make decisions about what is right and wrong based on values and principles.