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    Foundation of economics

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    What are the foundations of economics?

    © BrainMass Inc. brainmass.com December 24, 2021, 4:43 pm ad1c9bdddf

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    Two fundamental facts provide a foundation for the field of economics:

    1.The first fact is the society's material wants, that is the material wants of its ...

    Solution Summary

    The solution is brief and concise and explains what economics is in few paragraphs. This is in no way a comprehensive answer. Students downloading this response should expect a brief answer that is to the point