expected to name the relevant philosopher, state the main philosophical significance and to use concrete language or examples to flesh out the definition. Episteme Use-value Phronesis Surplus-value Techne Capitalist Teleology Alienation Inductive Reasoning Positivism Social Physics Artifact Solution Episteme: It is a philosophical term derived from the Ancient Greek which may refer to knowledge, science or understanding. Phronesis: It is a Greek word for a type of wisdom or intelligence. It is more specifically a type of wisdom relevant to practical things, requiring an ability to discern how or why to act virtuously and encourage practical virtue, excellence of character, in others. Techne:It is a term in philosophy which resembles Episteme in the implication of knowledge of principles, although techne differs in that its intent is making or doing as opposed to disinterested understanding. Teleology: It a Greek word (from Greek telos, meaning end or purpose) is the philosophical study of nature by attempting to describe things in terms of their apparent purpose, directive principle, or goal. Inductive reasoning: It (as opposed to deductive reasoning or abductive reasoning) is reasoning in which the premises are viewed as supplying strong evidence for the truth of the conclusion. While the conclusion of a deductive argument is certain, the truth of the conclusion of an inductive argument is probable, based upon the evidence given. Social Physics:The quantitative study of human society. It is also known as social statistics. Use-value: Use value or value in use is the utility of consuming a good—the want-satisfying power of a good or service in classical political economy. Surplus-value: Surplus value is a central concept in Karl Marx\'s critique of political economy. Marx did not himself invent the term: he developed the concept. Capitalist: A person who uses their wealth to invest in trade and industry for profit in accordance with the principles of capitalism. Alienation: It is the capacity for a piece of property or a property right to be sold or otherwise transferred from one party to another. Positivism: It is a philosophical system recognizing only that which can be scientifically verified or which is capable of logical or mathematical proof, and therefore rejecting metaphysics and theism. Artifact: An artifact or artefact (from Latin phrase arte factum means skill + facere to make) is \"something made or given shape by man, such as a tool or a work of art, esp an object of archaeological interest\".