The "Invisible Hand" Concept Suggests That

question 9

Multiple Choice

The "invisible hand" concept suggests that:

• A)market failures imply the need for a national economic plan.
• B)big businesses are inherently more efficient than small businesses.
• C)the competitiveness of a capitalistic market economy invariably diminishes over time.
• D)given competition, private and public interests will tend to coincide.

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Definitions:

Psychotropic Drugs

Medications that affect the mind, emotions, and behavior; used in the treatment of mental health disorders.

Moral Treatment

An approach to mental illness treatment in the 18th and 19th centuries emphasizing humane and respectful care.

Gainful Employment

Work that provides a person with income sufficient to meet basic living expenses and possibly achieve financial independence.

Deviant

Behaviors or actions that deviate from societal norms or standards, often leading to negative judgment or sanctions.