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Positivism, Constructivism and Interpretivism Are All Fundamental Philosophical Frameworks in Social

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Positivism, Constructivism and Interpretivism are all fundamental philosophical frameworks in social research.


Definitions:

Production Possibility Frontiers

A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology, illustrating the trade-offs and opportunity costs.

Opportunity Cost

Abandoning potential gains available from alternative choices when one is picked.

Bushel

A unit of volume that is used primarily in agriculture, specifically for measuring volumes of dry goods such as grains and fruits.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors.

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