In a competitive market economy, firms and resource suppliers seeking to further their own self-interest will end up, as though guided by an invisible hand, promoting the public interest.

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This concept, introduced by Adam Smith, suggests that individuals seeking to maximize their own gains in a competitive market inadvertently benefit society by producing goods and services that are in demand, thus promoting the public interest through their self-interested actions.

In a Competitive Market Economy, Firms and Resource Suppliers Seeking