The privatization of public enterprises will lead to efficient management of resources in the economy....
ECONOMICS
JAMB 2012
The privatization of public enterprises will lead to efficient management of resources in the economy. This statement can best be described as
- A. normative reasoning
- B. inductive reasoning
- C. deductive reasoning
- D. positive reasoning
Correct Answer: B. inductive reasoning
Explanation
Inductive reasoning is a type of logical thinking that involves forming generalizations based on specific incidents you've experienced, observations you've made, or facts you know to be true or false.
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