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It Has Been Said That "Economics Is the Science of Common

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Essay

It has been said that "economics is the science of common sense." Is economics synonymous with common sense?


Definitions:

Copperheads

Copperheads were a faction of Northern Democrats during the American Civil War who opposed the war and advocated for peace with the Confederacy.

Northern Opponents

Refers to individuals or groups in the northern United States who opposed certain policies, practices, or institutions, often in the context of slavery or during political conflicts.

Confederacy

The collective name for the eleven Southern states that seceded from the United States in 1860-1861, leading to the Civil War.

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