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.
Answer:
Your answer would be that the velocity is 90 mph to the west. Hope this was helpful!
Explanation:
Answer: Prearrival
Explanation:
Prearrival stage of socialization is the level of employee socialization in which any organizational member learns about the company before joining it. It is kind of orientation process that takes place prior entering organization.
Other options are incorrect because post-encounter stages, metamorphosis stage ,pre-encounter level and post-arrival stage are not the stage of socialization level which is experienced during selection process.Thus, the correct option is prearrival stage of socialization
