The answer is the society.
Economics is focused on the problem of the society which is created by a world with limited resources and people with unlimited needs and wants.
CASE: Marbury v. Madison (1803)
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- Marbury v. Madison, legal case in which, on February 24, 1803, the U.S. Supreme Court first declared an act of Congress unconstitutional, thus establishing the doctrine of judicial review. The court’s opinion, written by Chief Justice John Marshall, is considered one of the foundations of U.S. constitutional law.
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