The term 'invisible hand' was first used by Adam Smith in the 18th century to describe the efficiency in the autoregulation of free markets, where free means not externaly intervened by governments. Intervention distorts markets and harms the efficiency of their functioning.
The main principle behind is that, when individuals pursue their "private" efforts they are generating larger wealth for society as a whole than if their first intention was to help society. The markets will be in charge of channelizing individuals interests into socialy desirable outcomes.
C because everyone should have a chance to apply for a job
The answer to this question is <span>trust versus mistrust; autonomy versus doubt
</span><span>trust versus mistrust is a mental development that children experience when they started to develop either trust or mistrust that their parents will take care of their needs. The autonomy versus doubt on the other hand refers to the mental development when children started to feel the concept of shame.</span>
Answer:
Tribes have formally organized institutions that unite scattered communities.
Explanation:
Band is usually a small group in which the members are related to each other is one way or another. On the other hand, a tribe is usually a large group with over 50 people an comprises of more than one bands. A tribe has a formal council or other form of leadership that constitutes of the elders from different bands. Tribes are often based on common political, cultural, religious or language grounds. Based on the definitions of band and tribe, it can be seen that only the option stating tribes have formally organized institutions (meaning a council or more than one councils for domestic and warfare maters) that unite scattered communities (multiple bands) is actually correct.
