Examlex

Solved

Research That Is Done Specifically to Solve a Practical Problem,like

question 12

Multiple Choice

Research that is done specifically to solve a practical problem,like increasing memory ability or decreasing symptoms of depression,is known as:


Definitions:

Necessity of Choice

An economic principle stating that due to scarce resources, individuals and societies must make decisions on how to best allocate those resources.

Self-Sufficient

The quality or condition of being able to fulfill all one's needs without reliance on external assistance.

Specialize

To focus on a specific area of production or study to gain efficiency or expertise.

Gains from Trade

The increase in welfare or economic benefit that countries or individuals obtain by engaging in voluntary exchanges where they specialize according to their comparative advantages.

Related Questions