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The Use of Theory and Observation Is More Difficult in Economics

question 125

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The use of theory and observation is more difficult in economics than in sciences such as physics due to the difficulty in


Definitions:

History

History involves the study of past events, societies, and civilizations, often to understand human behavior and societal evolution.

Internal Validity

Refers to the degree to which the results of a study can be attributed to the treatments or interventions being tested, rather than other factors.

Developmental Change

Transformations or transitions in the psychological, emotional, or physical state of a person or group over time.

External Validity

The extent to which the findings of a study can be generalized to other people, settings, times, measures, and characteristics.

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