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What is the invisible hand and how does it apply to the market, and in what ways?

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Please, i need help

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  1. supply and demand?


  2. Hello my friend, it's been awhile...

    The invisible hand is a metaphor used by the economist Adam Smith. Once in The Wealth of Nations and other writings, Smith shoed that, in a free market, an individual going after his own self-interest usually tends to also promote the good of his community, or environment as a whole through a principle that he called “the invisible hand”. He argued that each person maximizing revenue for himself maximizes the total revenue of society as a whole, as this is identical with the sum total of individual revenues.

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