Explain the Advantages That Both Applied and Basic Research Have

question 41

Essay

Explain the advantages that both applied and basic research have for society.

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Definitions:

Legal Tender

Currency that must be accepted if offered in payment of a debt in the jurisdiction in which the debt is being paid.

Currency

A system of money in general use in a particular country or economic context.

Debit Cards

Plastic payment cards that allow users to make transactions directly from their bank accounts, unlike credit cards, which provide a line of credit.

Credit Cards

Credit cards are plastic cards issued by financial institutions that allow holders to borrow funds at the point of sale, which are repayable with interest.