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.
Definition of theory for English Language Learners. : 1  an idea or set of ideas that is intended to explain facts or events. : 2  an idea that is suggested or presented as possibly true but that is not known or proven to be true. : 3  the general principles or ideas that relate to a particular subject.