The privatization of public enterprises will lead to the efficient management of resources in the economy. This statement can best be described as_____________
- deductive reasoning
- positive reasoning
- normative reasoning
-
inductive reasoning
The correct answer is: D
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.
For a fact, we all know that privatization of public enterprises leads to efficiency in those enterprises, therefore the statement above ''The privatization of public enterprises will lead to the efficient management of resources in the economy'' for fact, has been proven to be true from experience and observations.