What Is the Difference Between "The Invisible Hand" and the Practice

question 38

Multiple Choice

What is the difference between "the invisible hand" and the practice of laissez-faire economics?

• A) There is no difference.
• B) The invisible hand is a nationalist concept, whereas laissez-faire economics is a classical liberal concept.
• C) The invisible hand is a reform liberal concept, whereas laissez-faire economics is a nationalist concept.
• D) The invisible hand is a democratic socialist concept, whereas laissez-faire economics is a classical liberal concept.

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Definitions:

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