What Is the Purpose of Using Statistics in Social Science

question 29

Essay

What is the purpose of using statistics in social science? What are the advantages and disadvantages of relying on statistics?

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Definitions:

Import Quota

A specific limit or maximum quantity (or value) of a good permitted to be imported into a country during a given period.

U.S. Imports

Goods and services brought into the United States from other countries for sale.

Net Exports

The value of a country's total exports minus the value of its total imports.

Infant Industries

Industries in the early stages of development that may be protected from international competition to allow them to grow.