113k views
5 votes
Explain how Adam Smith's theory of the "Invisible Hand" works in our economy​

1 Answer

2 votes
The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. ... He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interes
User Gookman
by
4.0k points