maceymanni87 maceymanni87
  • 25-02-2022
  • History
contestada

Who is Adam Smith and what economic principles did he promote? What is his concept of the invisible hand?

Respuesta :

ThatKidx
ThatKidx ThatKidx
  • 25-02-2022

Answer:

Invisible hand, metaphor, introduced by the 18th-century Scottish philosopher and economist Adam Smith, that characterizes the mechanisms through which beneficial social and economic outcomes may arise from the accumulated self-interested actions of individuals, none of whom intends to bring about such outcomes.

Explanation:

He just so happens to be my great great great grandfather :)

Answer Link

Otras preguntas

why were roads significant to the roman republic and ancient cultures and religions of the same time period
which fraction is equivalent to 68%
Calculate the discriminant.x2 + 2x – 2 = 0
which fraction is equivalent to 68%
A DNA segment is changed from -AATTAG- to -AAATAG-. This is a_______.
your body makes more carbon dioxide when you run than when you sit still why
Why is it in French it's called the "perfect" tense and "imperfect" tense?
A minute hand of a large clock is 6 ft long. How far does the point move in an hour?
A minute hand of a large clock is 6 ft long. How far does the point move in an hour?
Why were bananas and camels so significant in early African history? What do they represent? How did they change the way people lived? Explain