Distinguish Between Science and Pseudoscience

question 5

Essay

Distinguish between science and pseudoscience.

---

Definitions:

Antitrust Laws

Legislation aimed at preventing anti-competitive practices, monopolies, and to ensure fair competition in an open-market economy.

Swipe Fees

Charges that a merchant pays to a card-issuing bank for processing credit or debit card transactions.

Regulatory Forces

External forces including laws, regulations, and government actions that influence or restrict business operations, often in the interest of public safety or fair competition.

Competitive Pressures

The influence exerted by competing businesses in the same industry, which drives companies to improve products, services, and operations.