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The person who wrote about invisible is a great economist,who is also considered as the father of economics "adam smith".he is the person who wrote about invisible hand.
market economy
invisible hand, competition, no monopolies, etc
competition and self-interest
competition and self interest
market economy
yes
the economy will automatically adjust to the needs of buyers and sellers.
It was self-regulated by the "invisible hand."
The mechanism that works in a free-market (the market we observe in the USA or UK) which equates supply and demand. This obviously doesn't always occur, but it is the "invisible hand" that we refer to.
Market Economy, no fear studyisland cheaters I got you :)
the economy will automatically adjust to the needs of buyers and sellers