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Q: Should economic theories be developed as a result of observation or before observation explain?
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What did Albert Einstain make?

He was a physicist and developed theories that explain the world around us.


Why do you think some people are rich and some are poor explain?

it depends on whether they are in a more economic developed country (MEDC) or a less economic developed country (LEDC)


What is the difference between descriptive and prescriptive theories?

Descriptive theories aim to describe and explain how things are, based on observation and data. Prescriptive theories, on the other hand, provide recommendations or guidelines on how things should be or how people should act, based on values or norms.


Why don't theories become law?

Theories never become laws. Theories explain facts and scientific observations; laws describe the behavior of an object in nature. A scientific law explains what will happen, but it doesn't explain why. Theories explain why.


Explain the economic characteristics of the command and market economic?

Explain the economic characteristics of the command


How was the process of nuclear fission discovered?

accidentallyIt was not anticipated and no theory predicted it. Once discovered theories had to be developed to explain the new phenomena observed.


What is the difference between evolution and theories of evolution?

Evolution is a process, theories of evolution are theories which explain that process


What term describes an observation pattern in nature without any attempt to explain it?

Observation.


In scientific inquiry making an observation typically leads to?

Forming a hypothesis - to explain the observation.


What draws together a number of theories to understand a specific problem?

This is a scientific law. Theories explain (or attempt to explain) laws.


What leadership theories seek to explain leadership?

Leadership theories seek to explain the nature of leadership and the traits leaders possess. These theories also how individuals can hold authority over other individuals.


How was theory developed?

Cell theory was developed by the scientist because of it's simplicity complicated value, they found out more about cell. So a cell theory was developed.