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The Mechanism Employed by the 'Invisible Hand' to Direct Economic

question 90

Multiple Choice

The mechanism employed by the 'invisible hand' to direct economic activity is:


Definitions:

Hurricanes

Powerful tropical storms with heavy rain and winds exceeding 74 miles per hour, typically forming over warm ocean waters.

Droughts

Extended periods of low precipitation causing shortage of water, affecting ecosystems, agriculture, and water supply.

Environmental Refugees

Individuals or communities forced to relocate due to environmental factors such as climate change, natural disasters, or degradation of their natural habitat.

Warmer World

A reference to the phenomenon of global warming, indicating an increase in Earth's average surface temperature due to greenhouse gas emissions.

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