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Adam Smith Suggested That an Invisible Had Guides Market Economies

question 3

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Adam Smith suggested that an invisible had guides market economies.In this analogy,what is the baton that the invisible hand uses to conduct the economic orchestra?


Definitions:

Shipbuilding Technology

The development and application of methods, tools, and materials for constructing ships, improving efficiency, durability, and navigability.

Monopoly

The exclusive control by one company over an entire industry or sector, eliminating competition.

Great Lakes

A group of five large, interconnected freshwater lakes located on the border between the United States and Canada, significant for their natural resources and as a transportation route.

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