601152
Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

In economics, we cannot accurately predict what individuals will do, but only what people in general will do. Why?

Sagot :

This is true for all social sciences as well, and even in some hard-science environments. This is because every human is different, if only slightly, so any model that attempts to predict the behavior all will ultimately fail.
danymd52

Answer and explanation:

The sciences are divided basically into two groups, natural sciences and human or social sciences. The natural sciences study natural phenomena and the human ones study man as well as his interaction with the environment.

When the sciences are dedicated to the study of man, including the economy, the previously predicted models may suffer alterations, which is due to the fact that humans are bio-psycho-social beings, they are different in all aspects that integrate them and due to that the results about your studies will always be different.

We hope this was helpful. Please come back whenever you need more information or answers to your queries. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.