Each person goes about her daily business seeking to maximise her own self-interest.In doing so,she contributes to the welfare of society at large.This is the idea underlying Adam Smith's 'invisible hand'.

Question

Quizplus · Accepted Answer

This is indeed the idea underlying Adam Smith's concept of the 'invisible hand', where the pursuit of individual self-interest can lead to the promotion of the greater good of society as a whole.

Each Person Goes About Her Daily Business Seeking to Maximise