The "Invisible Hand" Works to Promote General Well-Being in the Economy

question 1

Multiple Choice

The "invisible hand" works to promote general well-being in the economy primarily through

• A)government intervention.
• B)the political process.
• C)people's pursuit of self-interest.
• D)altruism.

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Definitions:

Virginia Frontiers

The boundary or edge regions of Virginia during the colonial and early national periods, characterized by settlement expansion, conflict with Native American tribes, and economic development.

Treaty of Paris

The agreement signed in 1783 that ended the American Revolutionary War, recognizing American independence from Britain.

North American

Pertaining to the continent that includes Canada, the United States, Mexico, and Greenland, characterized by diverse cultures, languages, and ecosystems.

Major Possessions

Territories or significant assets that are owned or controlled by a country, corporation, or individual.