What is meant by the phrase 'invisible hand'?

Answers

Answer 1
Answer:

Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence

Explanation: The phrase 'invisible hand' is a concept introduced by economist Adam Smith in his book 'The Wealth of Nations.' It refers to the unintended social benefits that result from individuals pursuing their own self-interests in a free market economy.

In a free market, individuals and businesses act in their own self-interest, seeking to maximize their profits or personal gains. However, through the mechanism of supply and demand, the pursuit of self-interest leads to the overall betterment of society. The 'invisible hand' metaphorically represents the way in which the market, driven by individual self-interest, allocates resources and promotes economic growth without the need for central planning or government intervention.

Adam Smith argued that when individuals are free to pursue their own economic interests, they unintentionally contribute to the welfare of society as a whole. The 'invisible hand' ensures that resources are allocated efficiently, prices are determined by market forces, and competition drives innovation and productivity.


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CHANGE THE GIVEN SENTENCES INTO INDIRECT SPEECH :- (i) He said to me,"Are you going to Patna ?"​

Answers

Answer:

He asked me whether i would go to Patna.

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Which of the following is a theme from Macbeth? Select one:a. Loyalty is built on trust.
b. Ambition unchecked can lead to corruption.
c. The visible is more dangerous than the invisible.
d. Deception is necessary for success.

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Macbeth is a tragedy written by William Shakespeare it dramatizes the damaging physical and psychological effect of political ambition on those who seek power for its own sake. Your question the theme from the Macbeth would be letter B. Ambition unchecked can lead to corruption. I hope this will help 

I think that it is B. Ambition unchecked leads to corruption.

Which is the best summary of wart's worldview in “arthur becomes king of britain”? a. he is humble and does not seek power.
b. he is secretly very power-hungry.
c. he values noble birth above all else.
d. he does not take anything seriously.

Answers

The answer is A

hope i helped :)

Answer: a. he is humble and does not seek power.

The questions below refer to the selection “The Grandfather.”By its third year the avocado tree becomes very important to Gary Soto because it —
Choose one answer.
a. is a great source of income
b. helps him understand his grandfather
c. has become a safe place where he can think
d. provides him with physical challenges

Answers

c. has become a safe place where he can think 

What is the direct object in the sentence? Logan studied rocketry in science class.

A.
rocketry

B.
science

C.
class

D.
studied

Answers

A direct object is a word or word phrase that receives the action done by the subject. It usually answers the question "what?". In the sentence, "Logan studied rocketry in science class", the direct object in this sentence is the word "rocketry". It clearly answers the question, "What did Logan study in science class?". So the answer is letter A.

Neither sue nor rebecca has had (her their) turn at bat

Answers

The context clues show that the appropriate word will be that neither Sue nor Rebecca has had their turn at the bar.

What are context clues?

It should be noted that context clues are the hints that are given in a literary work by the author.

In this case, the context clues show that the appropriate word will be that neither Sue nor Rebecca has had their turn at the bar.

Learn more about context clues on:

brainly.com/question/11247029

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read the sentence carefully 

Neither Sue nor Rebecca has had _________ turn at the bat.

your answers are:
A. Her
and 
B.Their

read the sentence with each word in it like this:
A. Neither Sue nor Rebecca has had    Her      turn at the bat 

or 

B. Neither Sue nor Rebecca has had   Their     turn yet 

** Now tht i have helped you witch answer do you think it is now ??**

If you didn't get my answer the answer is ***THEIR***