Adam Smith formulated the "invisible hand" and the free market to explain the motivation for individual behavior.The "invisible hand" refers to:
A)psychological determinants of behavior
B)unconscious motives
C)internal needs
D)unseen forces of a free market system

Question

Quizplus · Accepted Answer

The "invisible hand" refers to the unseen forces of a free market system, in which individuals pursuing their own self-interests and responding to price signals, will unintentionally benefit society as a whole.

Adam Smith Formulated the "Invisible Hand" and the Free Market