Question

A young couple living in rural west-central Missouri heard about the closing of a local grocery store. Although a small operation, it served a small community that would now have to travel another 20 miles to the nearest grocery store. With help from a local realtor and banker, the couple purchased the store, remodeled it, and reopened it. As new storeowners, they had to carefully watch cash flow. As their customer base began to grow, they began offering hot food, and hired others to help with the operation. The economic benefit created in this story is called:

Answer 1

Answer: The invisible hand

Explanation:

What Is the Invisible Hand?

This occurs when the move in the market economy occurs without seeing the force that caused that effect.

When people are following individualism process , fulfilling their long term goals or interest they in return fulfill the interest of the whole society

In the above text these couples are buying this company for their own personal benefits or interest however as a result this has cause a movement in the market economy and the interest of the whole society because they start to hire local people, opening up job opportunities.