The Invisible Hand Promotes Society's Interests Because

question 145

Multiple Choice

The invisible hand promotes society's interests because

• A) individuals pursuing their self-interest will try to produce goods and services that people in society want and are willing to purchase.
• B) individuals will produce goods for others out of concern for their fellow human beings.
• C) it makes sure that everyone wins from competition in the market.
• D) government regulation pushes business into producing the right mix of goods and services.

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Definitions:

Leadership development

Programs or activities designed to enhance individuals' skills, abilities, and knowledge to effectively lead and guide others.

Citizen involvement

The active participation of individuals in the decision-making processes within their community or country.

Governmental control

The methods and strategies used by a government to regulate and direct the economy, public and private institutions, and society.

Constituents

Individuals or groups who have a vested interest in the outcomes of a certain organization, project, or policy.