Jill believes that Adam Smith was essentially correct when he claimed that people could pursue their own personal interests because the __________ would keep society from disintegrating as everyone competes for consumers and profit. Thus, she consistently opposes government intervention into the market.

Question

Quizplus · Accepted Answer

Adam Smith's concept of the "invisible hand" is often interpreted as the "laws of the marketplace," which suggests that individuals pursuing their own interests can lead to beneficial outcomes for society as a whole, without the need for heavy government intervention.

Jill Believes That Adam Smith Was Essentially Correct When He