Question 3
Basic ConceptsThe privatisation 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.
Show the answer and explanation
Answer: D (positive reasoning.)
Explanation
A positive statement says what is, was or will be and can be checked against evidence. 'Privatisation will lead to efficient management' is a prediction that can be tested, so it is positive reasoning; a normative statement would say what ought to be done.