Secondary Data Are Generally More Useful Than Primary Data Because

question 278

True/False

Secondary data are generally more useful than primary data because secondary data are more voluminous, more readily available, and cheaper to obtain.

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Definitions:

Quantity

The amount or number of a material or immaterial thing not usually estimated by spatial measurement.

Money

Main job is to be a medium of exchange; also serves as a standard of value and a store of value.

Economic Villains

Individuals, organizations, or phenomena recognized for their destructive impact on economic stability, integrity, or growth.

Entrepreneurs

Individuals who create, organize, and manage a new business venture, taking on greater than normal financial risks in order to do so.