Adam Smith's "invisible hand" refers to the battle among businesses for consumer acceptance.

Name: Adam Smith's "invisible hand" refers to the battle among businesses for consumer acceptance.
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Adam Smith's "invisible hand" refers to how the self-interest and competition of individuals and businesses in a free market economy can lead to an overall benefit for society. This is often compared to an "invisible hand" guiding the market towards equilibrium and efficient allocation of resources.

Adam Smith's "Invisible Hand" Refers to the Battle Among Businesses