Difference between positive and normative economics

1.	Difference between positive and normative economics
Answer» \tBASIS FOR COMPARISONPOSITIVE ECONOMICSNORMATIVE ECONOMICSMeaningA branch of economics based on data and facts is positive economics.A branch of economics based on values, opinions and judgement is normative economics.NatureDescriptivePrescriptiveWhat it does?Analyses cause and effect relationship.Passes value judgement.PerspectiveObjectiveSubjectiveStudy ofWhat actually isWhat ought to beTestingStatements can be tested using scientific methods.Statements cannot be tested.Economic issuesIt clearly describes economic issue.It provides solution for the economic issue, based on value.\t<br>very very thanks ❤

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