Some People Claim That Evolution Is "Just a Theory," by Which

question 70

Essay

Some people claim that evolution is "just a theory," by which they mean that it isn't supported by scientific evidence.Is this understanding of the term theory valid? Why or why not?

---

Definitions:

Credit Cards

Financial instruments issued by banks or financial institutions that allow cardholders to borrow funds with which to pay for goods and services with the obligation to pay back the borrowed money, plus any applicable interest.

Permanent Income Hypothesis

A theory suggesting that people's consumption choices are based on their long-term income expectations rather than their current income.

Induced Consumption

Consumer spending that increases as disposable income rises, and decreases as disposable income falls, unrelated to the level of interest rates.

Wealth Effect

The change in spending that accompanies a change in perceived wealth, typically when home values or investment portfolios increase.