The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. ... He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interes
I know that 1., 3., 4., 5., 7., and 8. are true.
Economic growth is a Continual increase in the nation's production of goods and services
<u>Explanation:</u>
The meaning of the term economic growth is increase in the capacity of the economy to grow more goods and services. And to utilise the resources in a more efficient and effective way which reduces the wastage of the resources to the minimal.
And also produces the goods with the best method leading to the reduction of the cost of production of these goods and services. All this leads to the growth of the economy and reach better heights and have better opportunities for the people.