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
Explanation:
In 1949 at Fender Guitar Factory Museum
Answer:
all property and money are controlled by the government and distributed evenly amongst its citizens.
Explanation:
First option is not correct as this economic inequality is totally opposite to Communist economic ideology.
Second option is correct as government is equally distributing wealth, and usually nationalize big companies and manors.
Third option is not correct as similar to first option it is based on inequality, which is not promoted by communism.
Last option is also not correct as free market is characteristic of communism.
The answer is: They knew the lay of the land, while the Americans had to search their way
