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qwelly [4]
1 year ago
15

Explain what Adam smith meant by “the invisible hand of the marketplace”

English
1 answer:
julsineya [31]1 year ago
6 0

What Adam Smith meant by "the invisible hand of the marketplace" is that there is no need for the government to interfere in the marketplace.

<h3>The invisible hand of the market place</h3>

Considered the father of modern economics, Adam Smith is the one who came up with the term "the invisible hand of the marketplace." What he means is that there is no need for the government to interfere in the marketplace. The economy of a nation has its own way - an invisible hand - to adjust itself. Regulation happens automatically as a balance between supply and demand is always sought by those who purchase and those who produce.

Therefore, we can conclude that the expression "the invisible hand of the marketplace" is simply a metaphor for this capacity of self-adjustment that the marketplace has. However, it is important to keep in mind that there are exceptions to this, and sometimes governments do need to interfere in the economy.

Learn more about the invisible hand of the marketplace here:

brainly.com/question/13996455

#SPJ1

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Are you graceful and gentlemanly? Identify your weaknesses and think about how to correct them.​
goldfiish [28.3K]

I can say that I am graceful and some  weaknesses are:

  • Multitasking
  • Self-criticism
  • procrastination.

<h3>What is your weakness?</h3>

The weakness” of a person is often seen or known by choosing a skill that is not very important to what you are looking for or one that practically tells about what you are so immerse with.

Note that I can say that I am graceful and some  weaknesses are:

  • Multitasking
  • Self-criticism
  • procrastination.

And as such one must be able to handle them.

Learn more about weaknesses from

brainly.com/question/19189410

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8 0
2 years ago
Which sentence from Cristina Garcia’s Dreaming in Cuban is an example of magic realism?
Serga [27]

Answer: Abuela Celia and I write to each other sometimes, but mostly I hear her speaking to me at night just before I fall asleep

Explanation: Magic realism is a literary genre or style of writing associated especially with Latin America that incorporates fantastic or mythical elements into otherwise realistic fiction. It is also sometimes called fabulism, in reference to the conventions of fables, myths, and allegory incorporated within the writing.

Dreaming in Cuban is the first novel written by author Cristina García, and was a finalist for the National Book Award. This novel moves between Cuba and the United States featuring three generations of a single family. The novel focuses particularly on the women; Celia del Pino, her daughters Lourdes and Felicia, and her granddaughter Pilar. The novel is not told in linear fashion but moves between characters, places and times.

The sentence above, which is an example of magic realism, is by Pilar, referring to hearing her grandmother Celia.

7 0
3 years ago
14 points and marked as brainiest PLEASE HELP ASAP!!!!!!!
liubo4ka [24]
1 is d
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6 0
3 years ago
A(n) _______noun can express an idea or quality.
frosja888 [35]

Answer:

C. abstract

Explanation:

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3 years ago
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Answer:

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3 years ago
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