The invisible hand refers to the price signal in a free market economy.

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The invisible hand is a concept in economics developed by Adam Smith, which refers to the self-regulating nature of a free market economy. As individuals and firms pursue their own self-interest, the interaction of supply and demand leads to an equilibrium price and quantity of goods and services without any central coordination. This is the "invisible hand" at work, guiding the market to allocate resources efficiently.

The Invisible Hand Refers to the Price Signal in a Free