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Chocolate has just been found to increase your expected life span by 5 years if you eat it every day. In the market for chocolate, this information will lead to
Economic Determinism
A theory that economic forces shape societal structures, cultural values, and historical outcomes.
Scientific Method
A systematic approach to research where problems are identified, hypotheses are formulated, experiments are conducted, and conclusions are drawn.
Society
refers to a structured community of people bound together by cultural similarities, societal norms, or geographical proximity.
Economic Determinism
The theory that economic forces and structures are the primary determinant of social practices, institutions, and societal changes.
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