Adam Smith's Idea of the "Invisible Hand" Says That Given

question 47

Multiple Choice

Adam Smith's idea of the "invisible hand" says that given a country's resources and its initial distribution of wealth,the use of markets will

• A)insulate a nation from the effects of political instability.
• B)eliminate problems of hunger and dissatisfaction.
• C)eliminate inequalities between the rich and the poor.
• D)make people as economically well off as possible.

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Definitions:

Social-Decentering

is the cognitive process of considering and taking into account the perspectives, feelings, and backgrounds of others.

Meta-Messages

The underlying meaning or context of a message that goes beyond the literal meaning of the words spoken.

Compassionate Listening

The practice of listening to others with empathy and understanding, often used to build trust and resolve conflicts.

Meta-Cognitions

The ability to think about one's own thinking processes and be aware of and control them.