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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I am more hopeful in the future because i feel that are new president is going to turn things around and make things a lot better for everyone :)
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Private ownership and free markets.
Detente. a policy of reducing Cold War tensions that was adopted by the United States during the presidency of Richard Nixon ... What do you consider<span> the most significant reason for the collapse of </span>
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the old world influenced the new world to change more
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