Answer: Adam Smith described the opposing, but complementary forces of self-interest and competition as the invisible hand. While producers and consumers are not acting with the intent of serving the needs of others or society, they do. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves by means of competition, supply and demand, and self-interest. 1
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influenced countries to develop their own industries and governments to invest directly in new businesses
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The British warship Leopard fired on the US ship Chesapeake which killed 3 Americans
(A) A CIA-trained force of Cuban refugees launched a failed attempt to....