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iris [78.8K]
3 years ago
14

Why is economics considered a science

Social Studies
1 answer:
Anastasy [175]3 years ago
6 0

At its core, the field of economics tries to uncover basic universal facts. Like many sciences, economics has a strong foundation in mathematics, and it is developed by testing hypotheses. In many ways, economics can be viewed as a field of applied psychology. Understanding how humans behave in certain situations and respond to changes is essential for the field's development.

Unlike the so-called "hard sciences," however, many economic hypotheses are difficult to test. Economic systems are run by governments, and it is immoral to cause economic harm to individuals and populations. With its strong mathematical foundation and its reliance on human behavior, economics straddles the gap between more basic types of science and so-called "soft sciences" such as anthropology and sociology.

In the media and in politics, however, the scientific aspects of the field are often ignored. Politicians might discuss the morality of different economic policies, and they might make promises based on faulty economic premises. Because economic policies have such a dramatic effect on the lives of voters, politicians spend a considerable amount of time developing a message that influences voters.

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Techniques used to rank individuals according to social class are a. reputational. c. objective. b. subjective. d. all of the ab
9966 [12]

A social class is a grouping of people into hierarchical social divisions, the most frequent of which are the high, middle, and bottom classes.

<h3>What is the difference between the three?</h3>

Reputational method: Members of the society are asked to rank other members of the society based on what they know about their personality and culture.

Subjective method: People are asked to evaluate their own social standing using a subjective method.

Objective method: Wealth, profession, and schooling are used to define social class.

Thus, Option D is the correct option that is all of the above.

For more information about Social Class refer to the link:

brainly.com/question/15291798

7 0
2 years ago
Based on the map what conclusion can you draw about the eastern woodlands people
Helga [31]

I can't give a good answer without a map but I will try. The Eastern Woodlands is a cultural area of the indigenous people of North America. The Eastern Woodlands extended roughly from the Atlantic Ocean to the eastern Great Plains, and from the Great Lakes region to the Gulf of Mexico, which is now occupied by the eastern United States and Canada. This land was occupied by indigenous people of North America. Eastern Woodland Native Americans commonly lived in wigwams or wickiups. ... Trade between the Europeans and the Natives was extremely popular. Native Americans would trade deer hides, and beaver pelts for European goods such as guns, knives, wool, silver, beads, and kettles. Corn provided a large portion of the diet. The Indigenous people of the Eastern Woodlands spoke languages belonging to several language groups, including Algonquian, Iroquoian, Muskogean, and Siouan, as well as apparently isolated languages such as Calusa, Chitimacha, Natchez, Timucua, Tunica and Yuchi.

I hope this helps

6 0
3 years ago
Today, the land where the Safavid Empire was located is called Iran. What was this region known as at the time of the Safavid Em
SVETLANKA909090 [29]

Answer:

Egypt

Explanation:

5 0
3 years ago
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Please answer the correct answer and, why
katrin [286]
The answer is b isolated india and pakistan from china because the mountains created a border that was nearly impassable between them and china.
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A country ranking ______ in power distance means that power is more equally distributed in that society.
Fiesta28 [93]

A country ranking<u> low </u>in power distance means that power is more equally distributed in that society.

<h3>What is Low Power Distance? </h3>

In a low power distance culture, there is less imbalance and less tolerance of inequality. These cultures seek fair distributions of power and income, and they frequently place a high value on freedom and individual liberty.

Examples of Low Power Distance are:

  • Independence
  • Equality
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Therefore, a country ranking<u> low </u>in power distance means that power is more equally distributed in that society.

Learn more about Low power Distance here:

brainly.com/question/16008525

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