Explain the Paradigm Model. Cite one situational example to illustrate it.

The collection of beliefs and concepts is what is known as a paradigm, which is a set of
theories, assumptions, and ideas that contribute to your worldview or create the framework
from which you operate every day. It is also the filters that are employed by researchers in
experimental design, data analysis, and conclusions, make up a scientific paradigm. In a
nutshell, a paradigm consists of a framework of beliefs, assumptions and concepts that
provide a lens on reality.

For example, the phrase the Filipinos' conception of the right, the true, and the righteous way
of life which is a paradigm because it refers to a collection of beliefs and ideas about what it
means to be a Filipino. For people who find this paradigm very important, it may serve as the
foundation of how they view or interact with the world around them. This emphasizes one of
the most important purposes of a paradigm, which is that it is comprised of beliefs and ideas
that form a framework to approach and engage with other things or people.

The limitations to the Linear-Stages of Growth Theory in economic development are Other
criticisms of stage theory point to general weakness in terms of the unrealistic assumptions of
these models, such as perfect knowledge, stable exchange rates, and constant terms of trade.
Secondly, Modern theory tends to see savings as a necessary but not sufficient condition for
growth. Although saving is regarded as highly significant, modern growth theory takes into
account a broad set of growth factors. Lastly, most analysis was based on the reconstruction
of Europe after World War II, but most developing countries do not have Europe’s
institutions, attitudes, financial markets, levels of education, and desire to succeed as found in
Europe.