Adam Smith's Idea of the "Invisible Hand" Tries to Convey

question 13

Multiple Choice

Adam Smith's idea of the "invisible hand" tries to convey the idea that while there are free markets and people conduct their economic affairs in their own best interests

• A)any country can become an advanced,industrialized nation.
• B)markets will eliminate problems of hunger and dissatisfaction.
• C)most inequalities between the rich and the poor will be eliminated.
• D)the overall economy will work well.

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Definitions:

Glowing Orange

Refers to the bright orange color typically emitted by hot materials or objects, such as molten lava.

Actively Erupting

A volcanic state characterized by ongoing expulsion of lava, ash, or other volcanic material.

Conical-Shaped Hill

A landform with a circular base and sloping sides that converge to a point at the top, resembling the shape of a cone.

Fresh Ash Layers

Recent deposits of volcanic ash, consisting of fine particles of volcanic glass, created during volcanic eruptions.