According to Adam Smith's Invisible Hand Principle, Productive Actions That

question 84

Multiple Choice

According to Adam Smith's invisible hand principle, productive actions that promote the general welfare of society will be undertaken when

• A) political representatives are elected democratically.
• B) competitive markets direct the actions of self-interested individuals.
• C) the selfish instincts of individuals are controlled.
• D) workers are able to organize and develop strong unions.

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Definitions:

Inbreeding

The breeding of closely related individuals, which can lead to an increased chance of hereditary genetic disorders.

Educational Programs

Structured sets of courses or activities designed to educate individuals or groups on specific subjects.

Public Awareness

The level of knowledge, consciousness, or enlightenment the general population has about issues, facts, or subjects.

Habitat Loss

The destruction or degradation of natural environments that organisms depend on for survival, often resulting from human activities like deforestation, agriculture, and urban development.