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World history semester A

World history semester A-example-1

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The correct option that best defines Adam Smith's idea of the invisible hand is "The invisible forces that shape how people act in economic situations."

Adam Smith used the metaphor of the invisible hand to describe the self-regulating nature of a free market economy.

According to Smith, individuals pursuing their own self-interest in a competitive market unintentionally contribute to the overall economic well-being of society. The invisible hand represents the self-regulating nature of markets, where the pursuit of self-interest by individuals leads to positive outcomes for the society as a whole.

The correct option that best defines Adam Smith's idea of the invisible hand is "The invisible forces that shape how people act in economic situations."

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