Indian Export Import Data-a historical view. 1  1. 2  Indian Export Import Data-a historical view Summary: With time the growth of the economy was spurred more during liberalization of the economy than during any other period. 1. 2  Indian Export Import Data-a historical view Summary: With time the growth of the economy was spurred more during liberalization of the economy than during any other period.
1 Law: A descriptive generalization about how some aspect of the natural world behaves under stated circumstances.  Theory: In science, a well-substantiated explanation of some aspect of the natural world that can incorporate facts, laws, inferences, and tested hypotheses.
theory. n, pl-ries. 1. a system of rules, procedures, and assumptions used to produce a result. 2. abstract knowledge or reasoning. 3. a speculative or conjectural view or idea: I have a theory about that. 4. an ideal or hypothetical situation (esp in the phrase in theory). 5. a set of hypotheses related by logical or mathematical arguments to explain and predict a wide variety of connected phenomena in general terms: the theory of relativity.