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.
Words have precise meanings in science. For example, 'theory', 'law', and 'hypothesis' don't all mean the same thing. Outside of science, you might say something is 'just a theory', meaning it's supposition that may or may not be true. In science, a theory is an explanation that generally is accepted to be true.