Impact of hyperinflation on investors and ordinary citizens in Essay - 1

Impact of hyperinflation on investors and ordinary citizens in zimbabwe - Essay Exampleor collection of data and determination of the process for analysing the accrued data and cultivation in evidence to arrive at a realistic solution of the inquiry problem (Alexander and Dhumale, 2012). such(prenominal) research methodology will be framed on the basis of the theoretical framework and ongoing economic circumstances in Zimbabwe. look into philosophy strikes an association between the theoretical aspects of the study with its possible exposure. Therefore, selection of appropriate research philosophy holds utmost importance for the successful completion of a research work. According to Alexander and Dhumale (2012), in order to derive the best research philosophy, its three distinct attributes should be analysed, such as ontology, epistemology and axiology. The concept of ontology deals with realism and thus, it tends to analyse the social entities and social variables associated wit h the research objective so that research outcome becomes highly correlated with the practical world. Epistemology concentrates on the study of knowledge and attempts to apply the credible aspect for understanding the real world situation. Finally, axiology indicates the importance of value judgements (Alexander and Dhumale, 2012).As this particular research is conducted for pedantic purpose, epistemology is considered to be the most relevant philosophy for analysing the impact of hyperinflation on the general inhabitants of Zimbabwe. Under the research epistemology, favourableness research paradigm will be adopted. Excellence of positivism reflects in its ability to observe the accumulated data and information explicitly and analyse such data applying the credible knowledge level (Maxwell, 2012).Research approach aids the researcher to precede the research work in a comprehensive manner. pompous research methodology involves multiple research approaches such as abduction, deduc tion, induction etc. In order to analyse the effect of hyperinflation on the investors and