The Invisible Hand Promotes Society's Interests Because

question 145

Multiple Choice

The invisible hand promotes society's interests because

• A) individuals pursuing their self-interest will try to produce goods and services that people in society want and are willing to purchase.
• B) individuals will produce goods for others out of concern for their fellow human beings.
• C) it makes sure that everyone wins from competition in the market.
• D) government regulation pushes business into producing the right mix of goods and services.

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Definitions:

Bolting

The production of a tall flower stalk by a plant that grows vegetatively as a rosette (growth habit with a short stem and a circular cluster of leaves).

Gibberellins

A group of plant hormones that regulate growth and influence various developmental processes, including stem elongation, germination, and flowering.

Floral Stalk

The stem or support of a flower, facilitating its connection to the rest of the plant.

Auxin

A class of plant hormones involved in various growth and behavioral processes in plant life cycles.