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1. Why did at the beginning of the birth of Economics, Economics and Political Economy have the same meaning? 2. Describe what factors can cause

1. Why did at the beginning of the birth of Economics, Economics and Political Economy have the same meaning?

2. Describe what factors can cause controversy in economic theory!

3. Explain what is meant by reconciliation of economic thought?

4. Explain the tendency of economics in its early days to be still united with philosophy, ethics, psychology, why is that?

5. Explain what is the essence of the thoughts expressed by the Marantilists?

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