The "invisible hand" in Adam Smith's theory refers to the efforts of the government to control the operation of markets.

Name: The "invisible hand" in Adam Smith's theory refers to the efforts of the government to control the operation of markets.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

The "invisible hand" in Adam Smith's theory refers to the idea that individuals acting in their own self-interest within a free market will unintentionally promote the greater good of society as a whole, without the need for government intervention.

The "Invisible Hand" in Adam Smith's Theory Refers to the Efforts