3 years ago

Explain how Adam Smith's theory of the "Invisible Hand" works in our economy

1 answer:

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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

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Explain how Adam Smith's theory of the "Invisible Hand" works in our economy​

Explain how Adam Smith's theory of the "Invisible Hand" works in our economy