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According to Adam smith the market was directed by which of these?
an invisible hand
According to Adam Smith the market was directed by?
an invisible hand.
According to Adam Smith the market was directed by who?
According to Adam Smith, the market was directed by an invisible hand. He described it as a natural phenomenon that guides free markets and capitalism through the competition for limited resources.
Whose interest is more important under market economy according to Adam smith?
The wealthy interest is the most important to the success of the market economy.
Will the market continue to expand forever according to Adam Smith?
No, the market would not continue to expand forever; it would stop growing when the market expands to its limits, and it runs out of unused resources.
According to adam smith the success of decantralized market economies is primarily due to?
Adam Smith said that the marketing economies was successful because of the pricing. The people are willing to pay for stuff.
Who was the first person to explain the market economy?
Adam Smith
What is John Smith noted for in helping to stabilize Jamestown?
For declaring Mrshal Law and forcing the colonists to work
What is the market cap for Smith - AO - Corporation AOS?
As of July 2014, the market cap for Smith (A.O.) Corporation (AOS) is $7,087,860,257.10.
Economists associate Adam Smith with a?
Adam Smith is associated with a market economy.
What is dick smith's target market?
geeks
Who was free market philosopher?
Adam Smith
