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Adam Smith's invisible hand theory
Adam Smith
an invisible hand.
an invisible hand
no it didn't
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.
Adam Smith made the argument that free trade produced the wealth of nations through what he called the invisible hand. The invisible hand refers to the way the marketplace is self-regulating. Smith was a Scottish philosopher.
It was self-regulated by the "invisible hand."
Adam Smith believed that all people in the economy are guided by the "invisible hand", which means that people act mainly out of self interest.
Both believed in the idea of an "invisible Hand".
the economy will automatically adjust to the needs of buyers and sellers
the economy will automatically adjust to the needs of buyers and sellers.