The concept of the "invisible hand" was first expressed by
A)Karl Marx.
B)Lao-Tzu.
C)Adam Smith.
D)Thomas Jefferson.

Question

The concept of the "invisible hand" was first expressed by ​
A)Karl Marx.
B)Lao-Tzu.
C)Adam Smith.
D)Thomas Jefferson.

Quizplus · Accepted Answer

The concept of the "invisible hand" was first expressed by Adam Smith in his book "The Wealth of Nations" in 1776. The term refers to the way in which individuals pursuing their own self-interest can unintentionally benefit society as a whole through their economic activities.

The Concept of the "Invisible Hand" Was First Expressed by ​

The Concept of the "Invisible Hand" Was First Expressed by