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Economics

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Definitions of Economics
Pronunciation : E`co*nom"ics
Part of Speech : n.
Etymology : [Gr. Economic.]
Definition : 1. The science of household affairs, or of domestic management.

2. Political economy; the science of the utilities or the useful application of wealth or material resources. See Political economy, under Political. "In politics and economics." V. Knox.
Source : Webster's Unabridged Dictionary, 1913

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