Who noted that businesses often end up acting in society's best interests, even when pursuing the goal of reaping a profit?
A) Ben Bernanke
B) Adam Smith
C) Benjamin Franklin
D) Alexander Hamilton

Question

Quizplus · Accepted Answer

Adam Smith is known for the concept that businesses, while pursuing their own interests, can end up benefiting society as a whole, a principle most famously outlined in his work "The Wealth of Nations." This idea is often summarized by the metaphor of the "invisible hand," suggesting that self-interested behavior can lead to positive social outcomes.

Who Noted That Businesses Often End Up Acting in Society's