The modern issues of global developmental trends emphasize "a prime importance in sustainable development that is to meet the needs of the present without compromising the ability of future generations to meet their own needs" (Zimmermann, 2003, p. 9). Thus, the life necessity to develop the system of two perspectives, namely, external…

Considering science as the main contributor to contemporary developments has encouraged us to raise a scientific discussion regarding the role of statistics in business decision-making and economic development. Statistics, as an applicative science, is growing and being widely applied in different fields and professions. Statistical thinking is…

Maintains that the core of the process of industrialization and economic development is intellectual because it consists of acquiring and applying knowledge concerning technique. Explains ways in which new knowledge is learned and applied in formal and nonformal educational settings. Concludes that each society must develop its own means of…