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A vector space must satisfy closure under addition and multiplication. Sorry if this is obvious but does that mean that, assuming the normal rules of arithmetic and excluding the trivial examples like $V=\{0\}$ it is impossible for a vector space to have a finite number of elements? (since for every two elements $u,v \in V$ there must be another number $u+v \in V$)

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Such a vector space would have to be finite-dimensional, of course.

But every finite-dimensional vector space $V$ over a field $\Bbb k$ is isomorphic to $\Bbb k^{\oplus n}$ for some $n$. This means that $V$ has finitely many vectors if and only if $V$ is finite-dimensional and $\Bbb k$ is a finite field.

For each prime $p$ and $n\geq0$ it is known that there is a unique field of order $p^n$. This classifies all possible vector spaces with finitely many vectors.