Adam Smith formulated the "invisible hand" and the free market to explain the motivation for individual behavior. The "invisible hand" refers to:
A) personal ethics in a free market system.
B) unconscious motives.
C) internal needs.
D) unseen forces of a free market system.

Question

Quizplus · Accepted Answer

The "invisible hand" refers to the unseen forces of a free market system, such as supply and demand and competition, that guide individuals to act in ways that benefit society as a whole, even though they may be pursuing their own self-interest.

Adam Smith Formulated the "Invisible Hand" and the Free Market