Sociology, asked by GunjanAggarwal11, 1 year ago

What do you mean by invisible hand?

Answers

Answered by kvnmurty
4
Invisible hand in economics  subject  --- is the invisible or unidentified force/agent/company that  takes away of infuses funds into the market in order to maintain the balance and equilibrium of trading and economic transactions.   Invisible hand maintains the balance of the daily trading.



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Answered by Lucky7265
0

Answer:

The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'

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