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.
A scientific theory is a specific type of theory used in the scientific method. The term theory can mean something different, depending on whom you ask. The way that scientists use the word 'theory' is a little different than how it is commonly used in the lay public, said Jaime Tanner, a professor of biology at Marlboro College.