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  • 08-05-2019
  • Social Studies
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In what kind of economy did Adam Smith write about "the invisible hand"?

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3076850
3076850 3076850
  • 18-05-2019

Answer:

The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interest.

Explanation:

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