If there was no ______, the "invisible hand" would not function as Adam Smith describes.

Question

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The "invisible hand" is a concept created by Adam Smith in his book "The Wealth of Nations." According to him, individual self-interest in a market economy leads to overall economic and social benefits. The "invisible hand" refers to how a market economy, driven by self-interest, leads to the optimal allocation of resources without needing any central planning. Without self-interest, the "invisible hand" would not function as Adam Smith describes. Money, trade, and inflation are all important factors in a market economy, but they are not the fundamental concept behind the "invisible hand."

If There Was No ______, the "Invisible Hand" Would Not