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.
Full Definition of THEORY. 1. : the analysis of a set of facts in their relation to one another. 2. : abstract thought: speculation. 3. 4. 5. 6. a: a hypothesis assumed for the sake of argument or investigation b: an unproved assumption: conjecture.