What Does the Concept of the Invisible Hand Imply

question 178

Essay

What does the concept of the invisible hand imply?

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Definitions:

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, evokes a conditioned response.

Classical Conditioning

An educational method where two stimuli are consistently associated together, leading to a reaction initially triggered by the second stimulus being provoked solely by the first stimulus over time.

Conditioned Response

An automatic response established by training to an ordinarily neutral stimulus.