What does "Occam's Razor" mean?

What does "Occam's Razor" mean?

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On this Word Up, we look at the phrase Occam's Razor. What does it mean?

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Tags:
a history of philosophy
ancient philosophy
aristotle
basic philosophy
education philosophy
history of philosophy
hypothosis
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occam's razor
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ockham's
ockham's razor
philosophy
ptolemy