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What is a main principle of Adam Smith’s The Wealth of Nations?

a. The free market system is inefficient.
b. Business prospers by finding out what people want and providing it.
c. People do not always get what they need.
d. A price-based system provides few incentives for businesses.

2 Answers

6 votes

Answer:

A) Business prospers by finding out what people want and providing it.

Step-by-step explanation:

Definition of 'Invisible Hand' Definition: The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'.

User Ziggurism
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The right answer for the question that is being asked and shown above is that: "b. Business prospers by finding out what people want and providing it." a main principle of Adam Smith’s The Wealth of Nations is that business prospers by finding out what people want and providing it.

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