Adam Smith Coined the Term "Invisible Hand" to Describe the Process

question 84

Multiple Choice

Adam Smith coined the term "invisible hand" to describe the process by which:

• A)self-interest leads an economy to ruin.
• B)self-interest leads to an allocation of goods and services that is relatively efficient.
• C)private interests are sacrificed for the benefit of society.
• D)the wealthy become richer and the poor become poorer.

---

Definitions:

Searching Probationers

The legal practice of conducting searches on individuals on probation as part of their supervision process, often without a warrant.

Restorative Justice

A system of criminal justice that focuses on the rehabilitation of offenders through reconciliation with victims and the community at large.

Correctional Populations

Individuals who are incarcerated in jails, prisons, or other correctional facilities, including those under probation or parole supervision.

Prison Population Explosions

A significant and rapid increase in the number of inmates housed within prison facilities, often leading to overcrowding and resource strain.