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Mrrafil [7]
2 years ago
12

identify the statements that describe the ideas adam smith expressed in the wealth of nations, published in 1776.

History
1 answer:
AlladinOne [14]2 years ago
8 0

The statements that describe the ideas that Adam Smith expressed in the wealth of nations are:

  • The invisible hand.
  • The natural laws of supply and demand

The invisible hand theory is a principle that Adam proposed that Individuals in a society should be left to act in their own best interests because the society would gain from it in the long run.

The natural laws of demand and supply is a function of the invisible hand which is automatically responsible for prices and market distributions in the economy

Read more on brainly.com/question/16039108?referrer=searchResults

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