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.
For theories in science, see scientific theory. For other uses, see Theory (disambiguation) . Theory is a contemplative and rational type of abstract or generalizing thinking, or the results of such thinking. Depending on the context, the results might for example include generalized explanations of how nature works. The word has its roots in ancient Greek, but in modern use it has taken on several different related meanings. A theory is not the same as a hypothesis.