Identify the Following Terms

question 8

Short Answer

Identify the following terms:
classical economics and laissez-faire

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Definitions:

Field Research

The collection of raw data outside a laboratory, in its natural environment, often involving direct observation and participation.

Longitudinal Research

An approach in research involving repeated observations of the same variables (e.g., people) over short or long periods of time, from months to decades.

Pilot Research

An initial study conducted to test the feasibility of a project or experiment before a larger scale study is launched.

Third Variable

A factor that is not directly involved in the hypothesis being tested but may influence the relationship between the independent and dependent variables.